What are the legal steps to cancel a money deposit order?
What are the legal steps to cancel an order for depositing money under Section 126?
An application in writing to the Magistrate, by whose order under Section 126 of the Criminal Procedure Code (CrPC) a money deposit was ordered, stating clearly the grounds of cancellation sought to be made, such as 'no evidence found' or 'circumstances have changed', shall be made. After applying the application, a hearing will be fixed where both the parties put forward their own arguments and it is very important to attend this hearing to support your case. The Magistrate will then review the application and decide whether to cancel the order based on the merits presented.
An application to the Magistrate, by whom such order was issued under Section 126 of CrPC for depositing the money, is to be made in writing, specifically giving reasons for cancellation: for example, no evidence found or change of circumstances. On such application, the Magistrate will order a hearing where both parties can argue the case. Based on the merits of the case, he may allow your petition and set aside the said order, if justified. In all the above cases, any local procedure in force in the concerned courts must be strictly complied with.
Sir, to cancel an order under Section 126 you should first review the contract terms for cancellation provisions and notify the other party in writing about your intention. You may also seek mutual agreement for breach. It is advised to consult an expert lawyer to ensure proper legal procedure and avoid penalties or disputes. For further legal assistance contact us on our helpline number
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