The status of the property given as surety ,?
T anand
(Querist) 09 January 2023
This query is : Resolved
Suit filed for a Cheque Bounce by Financial Institution. Accused appears in the Court along with his elder brother. Filed the Bail Application. Brother signs the Affidavith along with copy of RTC of a property measuring about 20 Cents valued at Rs 19,00,000.
Question is :
Property was sanctioned by governmnet in 2021 as part of AkramaSakrams Scheme. Grant Order has a condition of prohibiting "parabhare:", (a handing over of the possession (of something) to another; assignment to others) for 25 years.
Is this legal ?
Mistake ? punishable ?
Its in Karnataka State, Udupi District
kavksatyanarayana
(Expert) 15 January 2023
The court may not accept the Akram-sakrama land for the surety.
T anand
(Querist) 18 January 2023
Thank you SIr,
But Court h as accepted it as of now because Court is not aware of this status. They just produced the RTC and no one has checked it. How do I ring it to the notice of the Court. Wanted to do it anonymously but afraid if the Court looks at it.
T anand
(Querist) 18 January 2023
do not know ahat next
kavksatyanarayana
(Expert) 18 January 2023
Through your lawyer, you can bring it to the notice of the court.
P. Venu
(Expert) 19 January 2023
At the present stage of the case, the tenure of the property held by the surety is not of much significance.
T anand
(Querist) 24 January 2023
Thank you very much Sir
