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Issues: Whether the reduction of imprisonment to the period already undergone was justified, and whether the sentence required enhancement for offences under the Gold (Control) Act and the Customs Act.
Analysis: The lower appellate court reduced imprisonment mainly on the ground of prolonged trial and time spent in custody. The record included a confessional statement supporting guilt, and the offences were treated as serious economic offences warranting a stricter approach. The sentence imposed by the lower appellate court was considered inadequate in the light of the nature of the offences and the value of the gold involved.
Conclusion: The sentence reduction was not justified and the imprisonment was enhanced.