How and where to get solvency certificate for standing surety in criminal case

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    • #2616
      Anonymous
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      Where can I get a solvency certificate and how to get it? I need it for standing surety in a criminal case for an accused person.

    • #2631

      Solvency certificate is generally issued by the revenue authorities, such as Tehsildar or Sub-Divisional Magistrate. Solvency certificate is issued to an individual, on his request, declaring his financial standing for the purposes such as standing surety in favour of somebody in a criminal case, for securing loans, for securing some business contract, etc.

      Such certificate may be issued on the basis of the (1) salary drawn from the Government, (2) the property owned by the individual, (3) his income tax returns, etc., or such other documents which can establish the financial standing of the individual concerned.

      For obtaining the solvency certificate, approach the concerned revenue authority in your area, along with all necessary documents (such as salary slips, property documents such as original sale deed, affidavit that such property has not been mortgaged, identity card, address proof, etc.) and make an application in the prescribed format, if any.

           


      Dr. Ashok Dhamija is a New Delhi based Supreme Court Advocate and author of law books. Read more about him by clicking here. List of his Forum Replies. List of his other articles. List of his Quora Answers. List of his YouTube Videos.

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