420 case
5 years ago
My father (58yrs old)was in PC(17th Dec’18)for 2 days,3rd day he was taken to Judicial custody after the court process. Now it’s almost 20days. The 420 case is filed(Amt is 2lacs)under 2 accusedin Mumbai, my father is 2nd accused(he is just witness, where 1st accused has claimed my father has taken commission too). Two bails are already rejected. Now Both parties are ready to pay back the entire amt to victim. We are ready with all the recovery details/documents. We have transferred the half amt to the victims account. Now cops are saying he has to be there for 60days, they will provide charge sheet after 55days, according to them if we apply for bail by providing all these recovery payment details still it’s going to be rejected. When asked victim for settlement she is asking extra 50k apart from this 2lacs. Need your advice and guidance.
If you pay rest 50% or say 1 lakh as soon as possible then in that case your father will not be in custody for the remaining period of 55 days which means you can ask the Police to submit the report early and Bail can be moved earlier.Please keep all payment transactions in right order, preferably through bank which can be submitted as an evidence to help you at a later stage.
Remember Bail can be moved at any stage.
BUT clear the dues of the victim first.
For extra amount you negotiate.
maximum you can go for FD rate of interest of a Nationalised Bank.
Shanti Ranjan Behera
Advocate
It is better to settle and take police into confidence or file quashing petition before H C
Rameshwar Dadhe
Responded 5 years ago
Ambrose Leo
Responded 5 years ago