Amount

NAVDEEP SINGH SRAN (Querist) 04 January 2012 This query is : Resolved
person is in the jail for 20 lakh fraud under cyber law.how much minimum & maximum money is required for bail as a guaranty. [1] money will be as a FD, draft,or cash.[ 2] house present cost ic 25 lakh but registary value is 6 lakh can be pledge by evaluation according to present cost [3] can gold & dollar be use [4]court can grant bail with out security

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Adv Ankit Gupta, 09812153530, (Expert) 05 January 2012
At the time of Bail property of surety is to consider. So surety must have property of that amount which is to be cease by court when accused will not present in court.

Deepak Nair (Expert) 05 January 2012
A lot depends on the order of the court. We cannot forsee what the court will ask.

Rajeev Kumar (Expert) 05 January 2012
I agree with Nair

Shonee Kapoor (Expert) 05 January 2012
Nothing more to add. It is the discretion of the court

Regards,

Shonee Kapoor
harassed.by.498a@gmail.com

V R SHROFF (Expert) 05 January 2012
If person in cyber crime, Bandra kurla complex police station, [it deal with cyber crime above 2 Lakhs amt. only]
Esplanade court VT,Mumbai will grant Bail.

Requirement is Cash mt of Rs. 10,000/- with Photo ID, and Residential proof of accused
OR
Regular Bail of Property Owner/ Salary / I Tax Resident c Ration card & other normal Surety of Two Persons.

The Court knows it is Nigerians / others operating from foreign countries, and innocent Indians get trapped, and Lots of Indians losing crores of Rs. this way, being victim.

PUBLIC AWARENESS IS A MUST,
and cyber crime became very very technical, very difficult to trace, and highly skilled IO's are deputed at Mumbai Bandra Kurla Cyber Police to investigate and eliminate this type of crime.

Majority of PSI in most of P.S. do not even know how to proceed investigation.