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Mp Krishnaiah   14 March 2020

surity

Dear experts
is it compulsory to provide surity for an accused face beforr the trail on the negotiable instruments act case filed against him.
Can't he provide cash surity or bank guaranty to the amount ordered by the Honorable court.
kindly advice on this issue.
Thanq very much in Advance..


Learning

 4 Replies

Dr J C Vashista (Advocate)     15 March 2020

Do you want to settle the case with complainant / drawee of the dishonoured cheque ???

If so, you may submit it to the Trial Court and there is no need for a surity.

However, if you have decided to contest the complaint, you will have to submit sound surety to the Court, which shall not be in the form of cash/ Bank guarentee.

It is advisable to consult and engage a local prudent lawyer for proper analyses of facts, professional guidance and necessary proceeding.

P. Venu (Advocate)     15 March 2020

The facts posted lacks clarity. Was the surety prvidd for the purpose of taking bail?

Mp Krishnaiah   15 March 2020

when the summons received by the accused and appeared on the date of hearing and the court order to provide two surities on the next date of hearing and some times the court order to provide personal bond. of course some judges say that and some other judges order to provide surities. desecration of the judges. my question is to the experts can't we give bank guaranty.

P. Venu (Advocate)     15 March 2020

Are you the accused?Is it mentioned in the summons that has been served upon the accused that he should furnish furnish sureties as well the bond? 


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