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Solvency Certificate for Surety


26-Nov-2023 (In Anticipatory Bail Law)
My Anticipatory Bail order says - "P.R. Bond in the sum of Rs.25,000/- each, with one or two sureties in the like amount". - Mumbai High Court 1) Can my father (retired) with property worth 50 Lakhs be the single surety for me (for 25000/-) ? Will we need to obtain solvency certificate ? We have the property valuation certificate 2) In case of a combination of one salaried person for 12500/ - and my father (retired) with property for 12500/-, will we still need the solvency certificate for the property ? If not, will we be required to deposit the property documents in the court ? Or just the valuation certificate is fine ? 3) I have heard that solvency certitifcate is a must if one is standing for surety amount above 17000. Is it true ?
Answers (1)

Answer #1
558 votes
Respected sir /madam

kindly provide the more details of you matter as to enable me to guide you on. right way you can share me all details on my WhatsApp number which is available on my profile so please check my profile and contact me on my WhatsApp . thanks.

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