Can my surety replace his flat with a fixed deposit?

I have bail surety, and now my surety's premises are going for redevelopment. It has been going on for the last 9 years. Can my surety put up a fixed deposit in place of his flat?

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Advocate By LEAD INDIA Answered: 16 Jan 2025

Sir, your surety can request the court to substitute the flat with a fixed deposit, especially if the property is under redevelopment. They must submit a formal application to the court, providing proof of the fixed deposit and explaining the situation. It is advised to consult an expert lawyer to ensure proper documentation. For further legal assistance contact us on our helpline number.
 

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