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Remedy when sufficient amount is not available for surety
08-Jul-2023 (In Cheque Bounce Law)
In three matters of 138 ni act i am accused. for bail i have to arrange three different surety of rs. 1lakh, 1lakh and 70 thousand but i do not have any arrangement of these heavy surety. please suggest what i have to do?
Sufficient surety is necessary as per direction of the court. However, surety does not mean that amount has to be paid to court. RC of vehicle or Fixed Deposit receipt may be produced in original, which is then returned by making endorsement by the court and copy of the same is retained on court records. generally RC of motorcycle of the Surety or and FIxed Deposit or Insurance is considered good surety and thus, physical money is not required. hope this answers your query.
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Adv. Anup Kumar Upadhyay
Delhi | 25+ Answers
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hello
if the surety is not available you can sought some time from court to arrange the same
in mean time u can execute personal bond and be relieved from court.
and further if you still not able to arrange the surety then you have to move application
to reduce the amount of surety.
if the surety is not available you can sought some time from court to arrange the same
in mean time u can execute personal bond and be relieved from court.
and further if you still not able to arrange the surety then you have to move application
to reduce the amount of surety.
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Adv. Anjali Rajput
Delhi | 25+ Answers
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What was the amount of cheque that was dishonoured? The amount is always fixed keeping in view the amount of cheque that has got dishonoured. You can make a request to the judge to reduce the surety amount. Contact me for further help.
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Adv. Anupam Kirti
Delhi | 100+ Answers
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