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Hi, I have a query regarding bankruptcy searches on Indian individuals: Can a bankruptcy search be conducted on an Indian national? If yes, how can it be done? If not, are there any alternatives to prove someone’s solvency? I would appreciate any clarity on this. Thank you.
Yes, bankruptcy status can be checked, but India does not have a centralized public database. You can approach NCLT or check with credit bureaus like CIBIL for financial health. If official records are unavailable, an affidavit of solvency, CA certificate, or bank statements can serve as proof of financial standing. For further legal assistance contact us on our helpline number.