Bajaj Finserv — I am bankrupt. how do I request bajaj for the settlement

Dear sir.
I had taken loan for the business. But business went into losses. I had taken loan from the bajaj.
With no income coming in i couldnt pay my 3 emis. Bajaj executives keep calling me asking to arrange the amount. I have borrowed from almost all of my friends and repaid some of the emis. They still call me and ask for the money. I am unable to make any further payment. I need to know what can i do in this situation. I will pay but right now i wont be able to pay such a huge amount.
I have taken 4 lakhs. I pay 16k emi. I havent abled to make 3 emis. I paid the most recent. But the next emi was due. Which added to the previous two.
Please advice