Hi experts,
In a case under IPC 420, bail has been granted by the Bombay High Court.
In the bail order, this is the bail condition at the end regarding the surety:
"Petitioner shall execute a personal bond for a sum of Rs 50,000 with one solvent surety for the likesum to the satisfaction of the court"
So considering this, I have a few questions:
1. Should the Petitioner make an FD deposit in the court for this sum of Rs 50,000?
Or Should the surety make the deposit of this sum?
2. What does "solvent surety for the likesum" mean?
3. When the case is disposed, will the amount of Rs 50,000 be returned back to either the person or the surety?
Thanks in advance!