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Ld registrar is not releasing the amount and is asking security of property which we don't have or b


01-Sep-2023 (In Cheque Bounce Law)
Ld registrar is not releasing the amount and is asking security of property which we don't have or bank guarantee of the full amount.i can give only simple undertaking to the registrar.so can that surety/security amount be waived off.
Answers (3)

Answer #1
634 votes
Do elaborate your question. There should be a security which the registrar will be asking you to deposit before handling you the amount. The bank guarantee or the property papers is important because it involves money issues.
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Answer #2
788 votes
hello client as i can see ur issuebia really geniunien in your matteebyour advicatebis not dealing with the matter so tht might be the reason tht you amount is not been released by regiatrar . in your matter your amount can be releaswd by the court but for tht we need to take peoper steps.
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Answer #3
566 votes
Good afternoon sir / madam I have perused your query. However, I'll need more details about the issue you are facing to provide you with a legal opinion. Will need to discuss the same with you in detail further. regards.
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