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(Guest)

Solvency on farming field for bail sureity- sale?

Hi Experts,

My wife has filed 498a package on me and my family members. My Grandfather has given sureity for securing bail for all of us by submitting Solvency certificate based on his farming field. Chargesheet is filed.

My grandfather wants to sell his field now. But, he is concerned as he has given sureity. Please let me know how can he sell the field?

My lawyers says that there is no problem in selling the property as there weren't any restraining orders on that property. I am little bothered now.

Please advise.

~Krishna.



 1 Replies

Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 )     12 August 2012

 

  • Bail bond: This bond is useful to get bail for an offender until his trial begins

The cost of a surety bond can be around one to four percent of the total cost of the bond. However in case of high risk bond, the cost can be as high as ten to fifteen percent of the total bond amount.


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