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Sreekala Nair   15 August 2022

Solvency certificate gujarat

My friend from Kerala was released on bail from Gujarat High Court on 12th July. He was supposed to submit surety in terms of Solvency Certificate of amount 25000. However, his Solvency of property from Kerala got rejected, what is the alternate option?

He does not have anyone else to stand for him as a surety and the only property his family has, the solvency for the same got rejected. 



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 8 Replies

Dr J C Vashista (Advocate)     15 August 2022

What is the accusation against your friend hailing from Kerala who is being tried in Gujarat ?

What is the opinion and advise of the lawyer engaged by you who secured bail of your friend in Gujarat High Court ?

What is the reason for rejection of Kerala property document submitted by surity ?

Sreekala Nair   15 August 2022

1. 420, 120b

2. They asked us to get a solvency certificate for 25000.

3. Reason foe rejection is because they have an existing liability on that Kerala Property.

P. Venu (Advocate)     15 August 2022

Admittedly, it is no constraint that the property is in Kerala. Your friend should try to provide proper surety.

Sreekala Nair   15 August 2022

But here in Gujarat they only take solvency certificate on a property/land is what we have been told. Hence he tried to get the same from Kerala but rejected. Can anyone suggest any alternative that can work here in Gujarat? 

 

Are there any exceptions in terms of submitting a demand draft for the same amount or cash deposit?

 

Dr J C Vashista (Advocate)     16 August 2022

No cash is accepted from surety, by any court in India.

However, the surety may submit FD for the amount in a local branch of Bank where his /her account exists, which cannot be rejected.

Sreekala Nair   16 August 2022

Thank you, Sir. So in Gujarat FD will be accepted, right? 

Dr J C Vashista (Advocate)     17 August 2022

Of course it has to be accepted.

1 Like

Sreekala Nair   04 September 2022

Hi Team,

For Kerala Solvency, Tahasildar asked for last 10 years old property document for approving solvency. However, Village Officer was able to find 2 of them. Will the Tahasildar be able to provide approval for the same based on this 2 property document retrieved by the village officer?

 


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