Dear Seniors and Fellow Members,
There are two cases that are filed against us under Section 138. We have received four summons under Section 138 NI Act from Bangalore ACMM under each case. On the first date, we have obtained exemption for all the 4 accused (three individuals and one Proprietor ship fim which belongs to one of the three individuals) under each case. Accused are same in both the cases.
Now the thing is the advocate hired for this case has first advised us that 8 sureties are required to obtain bail in the two case as one surety for one accused. Now he says that two sureties are required for 8 accused ie one surety will give surety for 4 accused and remaining one for another four accused. In Bangalore, as the rules vary from state, may i know the correct dispensation application there in Bangalore.
Secondly, can an employee merely showing his salary slips, ID and appointment letter pay surety for the accused, please elucidate.
thanks in advance!
