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Bail application

Is it necessary for a surety to furnish a Solvency Certificate. For example, Mr. X wants to stand surety for Mr. Y whose bail application is allowed on the condition that Mr. Y would furnish a PR for Rs.50,000 and a surety of the like amount. Now is it necessary for Mr. X to furnish a Solvency Certificate or only FDR of Rs.50,000/- would suffice.

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This discussion explores whether a surety for a bail application must provide a solvency certificate. The question arises if a Fixed Deposit Receipt (FDR) of the required amount is sufficient instead of proving financial solvency through a certificate. The consensus suggests that such a stringent condition might not be standard practice.