How do i make a solvency certificate

Paras shah (Querist) 26 September 2014 This query is : Resolved
i want to make solvency certificate but i dont know what should i do . i want to make it to make my uncle jammin in session court of ahemdabad. but the agents in mumbai are asking for very high rates such as 25000 rs . please hlp me its very urgent . i just want to know the procedure to make it & can it be done by myself without help of any agent?

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Isaac Gabriel (Expert) 26 September 2014
Revenue authorities are authorised to issue solvency certificates.Contact the Tehsi of your area.

Rajendra K Goyal (Expert) 26 September 2014
Your Banker can also issue solvency certificate on charging their nominal fees. Confirm from your lawyer whether such certificate from Bank would be accepted in your case.

Dr J C Vashista (Expert) 27 September 2014
It is the Revenue authorities to issue solvency certificate.

malipeddi jaggarao (Expert) 27 September 2014
The appropriate authority is the Revenue authority. Bankers can also issue on application if you maintain account and have deposits etc., with them, but this certificate will have limited use.

T. Kalaiselvan, Advocate Online

(Expert) 02 October 2014
You may take the help of your advocate who would be very well versed in the subject issues or take the help of some other advocate who is thorough in such procedures, because even if you approach the revenue authorities, you may not get the action done in your favor so soon without greasing their palms.

Isaac Gabriel (Expert) 03 October 2014
Expert Kalai has disclosed the real phenomenon embedded ib obtaining the Solvency from Revenue authorities.This type of unwritten law prevails and rule the roost.

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