Aadhaar may replace surety bond for bail - dofaq.com

Aadhaar may replace surety bond for bail

Daily News & Analysis - 18 May 2017
In what could result in a big relief for lakhs of undertrials languishing in jails across the country for their inability to file surety bonds, the Law Commission of India is all set to recommend replacement of surety bonds with Aadhaar or voter ID ...

SBA Amends Surety Bond Guarantee Program

CPAPracticeAdvisor.com - 30 Oct 2017
The most important amendment raises the threshold for the SBA's Quick Bond Application for contract surety bonds that small construction businesses can benefit from. The increase in the eligible contract amount enlarges the scope of project ...

SBA Names Most Active Surety Partners for FY17

PR Newswire (press release) - 07 Nov 2017
WASHINGTON, Nov. 7, 2017 /PRNewswire-USNewswire/ -- The U.S. Small Business Administration announced today its most active surety companies and agencies for fiscal year (FY) 2017, which contributed to increases in the Surety Bond Guarantee ...

Contractor Files $6M Surety Bond Suit Over DC Hotel Work

Law360 - 01 Nov 2017
Law360, New York (November 1, 2017, 3:36 PM EDT) -- A Chicago-based contracting firm on Tuesday sued an insurance company and a surety bond provider for at least $6 million in D.C. federal court, alleging they failed to cover a subcontractor's shoddy ...

Court to confiscate surety bonds if Dar does not appear

The News International - 12 Nov 2017
ISLAMABAD: The Accountability Court (AC) here on Saturday issued its detailed ruling on the plea filed by Finance Minister Ishaq Dar who pleaded the court for continuation of graft reference trial in his absence on medical grounds, a private TV channel ...

Unclear surety Instruments guarantee trouble?

Lexology - 13 Nov 2017
Guarantees and on demand bonds are the lifeblood of international trade, and nowhere is this truer than in the construction sector, where cash flow is critical. Therefore the courts' approach to the interpretation of such instruments will be of ...

N16m Fraud: Court Remands Surety In Prison Custody

SaharaReporters.com - 26 Oct 2017
Olorunfemi had stood surety for one Nonso Anigbogu, who was to be arraigned for a criminal offense to the tune of N16m. However, Anigbogu jumped the administrative bail granted him by the Commission, thereby leading to the arrest of Olorunfemi.

Court remands surety for failing to produce accused

The Nigerian Voice (press release) (blog) - 17 Nov 2017
A Magistrate Court in Osogbo, capital of Osun State presided over by Magistrate Adenike Olowolagba, has ordered that a surety, Adeyemo Clement be remanded in prison custody for failing to produce the accused he stood for. Prosecutor Duro Adekunle told ...

Evergreen Acquires Pro Surety Bond in Nevada

Insurance Journal - 02 Nov 2017
Evergreen Insurance & Risk Management has acquired the assets Pro Surety Bond Inc. of Las Vegas, Nev. Terms of the deal were not disclosed. Pro Surety Bond delivers web-based insurance solutions with a focus on performance and surety bond services ...

IFAs could take out 'surety bonds' to cut FSCS costs by 8%

Citywire.co.uk - 30 Oct 2017
In the document the FCA said it wanted to get industry views on whether 'requiring certain Personal Investment Firms (PIFs) to pay capital into a trust account or purchase a surety bond might ensure that more consumer claims are paid for by firms or ...

Man held for submitting bogus surety bonds in court

The Nation - 05 Nov 2017
Rawalpindi - A man was caught submitting fake surety bonds with the anti-terrorism court here on Saturday. The accused was handed over to the officials of Police Station Civil Line where a case has been registered against him. According to details ...

Supreme Court of Canada hears surety bond dispute

Canadian Underwriter - 08 Nov 2017
A construction subcontractor that was not fully paid and whose claim on a surety bond was denied had its case heard Tuesday before the Supreme Court of Canada. In 2009, Langford Electric Ltd. subcontracted directional drilling work to Valard ...

57 fourth schedulers yet to submit surety bonds

DAWN.com - 23 Oct 2017
RAWALPINDI: The Counter-Terrorism Department (CTD) has asked the Rawalpindi police to cooperate with its staff in obtaining surety bonds from 57 terror suspects placed on the fourth schedule of the Anti-Terrorism Act (ATA) 1997. Among those who have ...

Watertown Police notes arrest log

PrimePublishers.com - 17 Nov 2017
Jamie F. Baskin, 32, of 33 Giles Street, Waterbury, was arrested on Monday, October 30, on the charges of sixth-degree larceny, credit card theft, $500 on revoked credit card and second-degree identity theft. She was released on a $10,000 non-surety ...

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