Search Results for Tag : Surety

News

Madras High Court: Even a Beggar with Acceptable Residential Proof Can Stand as Surety(08.05.2017)

Madras High Court has held that demanding production of property documents or RC book or any other document to show proof of property, either movable .....

Tags : Madras High Court, surety bond, bail bond

Delhi HC Grants Bail to POCSO Accused After Victim Offers to Stand as Surety for Him(30.01.2023)

Delhi High Court has granted bail to a 20 year old in a POCSO case after victim, the wife of accused, told the court that they were in a consensual re.....

Tags : Delhi High Court, POCSO, Bail, Surety

Bombay HC Grants Anticipatory Bail to Chartered Accountant Who Allegedly Submitted Bogus Surety(18.11.2021)

Bombay High Court has granted Anticipatory Bail to Chartered Accountants (CA) who has allegedly submitted a bogus surety.

Tags : Bombay High Court, Anticipatory Bail, Chartered Accountant, Bogus Surety

Delhi High Court: Court Can Waive of Requirement to Furnish Surety, if Satisfied(22.10.2024)

Delhi High Court has stated that if a Court is satisfied that the requirement of furnishing surety can be waived or substituted without compromising t.....

Tags : Delhi High Court, Furnishing Surety, Judicial Process

Judgments

If the proposed surety is not enough to control the activities of Prisoner in case of furlough leave, Prisoner will be liable to denial of relief(14.09.2021)

Present Petition has been filed against the orders dated 5.3.2020 and 8.9.2020 passed by Respondent Nos. 2 and 3 respectively. The Petitioner's case i.....

Tags : Surety, Furlough Leave

International Cases

A statutory provision does not alter the common law unless it says so explicitly or by necessary implication(03.12.2020)

The first Respondent, Jeany Industrial Holdings (Pty) Ltd, the second Respondent, Ian Laverne Donjeany and the third Respondent, Lee Spencer Donjeany,.....

Tags : Surety, Right, Debt

A statutory provision does not alter the common law unless it says so explicitly or by necessary implication(03.12.2020)

The first Respondent, Jeany Industrial Holdings (Pty) Ltd, the second Respondent, Ian Laverne Donjeany and the third Respondent, Lee Spencer Donjeany,.....

Tags : Surety, Right, Debt

Section 31 of the Insolvency Act serves as a sword for the liquidator in winding up the insolvent estate, rather than a shield for third parties in subsequent litigation(09.02.2024)

The Appellant, Mr. Chaim Cohen (Mr Cohen), seeks to avoid liability under a deed of suretyship executed in favour of the Respondent, Absa Bank Limited.....

Tags : Surety, Liability, Payment

Notifications & Circulars

Modification of Surety Insurance Guidelines(12.01.2023)

1. In partial modification of IRDAI (Surety Insurance Contracts) Guidelines, 2022 issued vide Ref No. IRDAI/NL/GDL/SIC/01/01/2022 dated 3rd January, 2.....

Tags : Modification, Surety Insurance, Guidelines

Measures towards developing Surety Insurance Bonds market(16.05.2023)

Surety Bonds are a type of insurance policy protecting parties involved in a transaction or contract from potential financial losses due to a breach o.....

Tags : Measures, Surety Bonds, Insurance policy