Multiple Choice Questions on When person is declared insolvent he is hellip hellip hellip hellip all his contractual liabilities ........... for Judicial Services (Master) Preparation

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Multiple Choice Questions

When person is declared insolvent he is hellip hellip hellip hellip all his contractual liabilities ...........

Indian Contract Act (ICA)1872 Discharge and Breach of Contract
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    When person is declared insolvent, he is ………… all his contractual liabilities incurred prior to date of insolvency order.

    penalized for

    Incorrect Answer

    responsible for

    Incorrect Answer

    discharged from

    Correct Answer

    both (a) and (c) 

    Incorrect Answer
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    discharged from

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