Topic

solvent surety

1 articleLatest May 2026
Civil Contempt for Breach of Solvent Surety Undertaking | Sale of Court-Pledged Property Without Permission Violates Judicial Order : Bombay HC
Case Law Analysis
|Bombay High Court

Civil Contempt for Breach of Solvent Surety Undertaking | Sale of Court-Pledged Property Without Permission Violates Judicial Order : Bombay HC

The Bombay High Court holds that selling property pledged as solvent surety without court permission constitutes willful civil contempt, regardless of an unconditional apology. This ruling reinforces that court undertakings are binding obligations, not negotiable concessions, affecting litigants who seek conditional leave to defend in civil suits.