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P N V Krishnan (Advocate)     04 October 2011

Security bond in l;ieu of cash depsoit

Please let me know whether  as per Order 41,Rule 6  we can give a security bond in place of  a cash deposit as demanded by the High court in case for staying  the execution of a  decree on specific performance of contract. Since the amount involved is almost a one crore and the petitioner has freinds/relaitives who can  give a security bond  - property worth that much amount- as per  appendix G Form No 3 of CPC/.The HIgh court had ordered for a cash deposit.But the petitiooner has no liquid resources and is willing to give a security bond.

Pl advise



Learning

 1 Replies

Kanaksinh P.Boda (Educationist/Lawyer)     10 October 2011

If the order is specific, it will be appropriate to get it clarified from the Court to avoid contempt.


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