Bankruptcy

This query is : Resolved 

17 January 2009 sir,
what is Chapter 11 Bankruptcy?

06 March 2009 its a section in US corporate lwas in which Companies file for bankrupcy and to get protection from its creditors

there is no such law in case of India i beleive

06 March 2009 Sir,
can you tell me in detail to clear it more.

09 March 2009 http://en.wikipedia.org/wiki/Chapter_11,_Title_11,_United_States_Code

plz refer this link....or else u can search on google.


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