Security deposit for foreign travel released after compliance with travel conditions and return to India.

A security deposit made as a condition for permitting travel abroad was treated as no longer required once the applicant complied with the travel conditions, undertook the within the permitted period, and returned to India with the passport deposited with the investigating agency. On that basis, the retained amount, together with any accrued interest, was directed to be released to the applicant.

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Issues: Whether the security amount of Rs.1,00,00,000 deposited as a condition for permitting travel abroad, together with accrued interest, should be refunded after compliance with the travel conditions and return to India.

Analysis: The applicant had deposited the reduced security amount pursuant to the earlier consent order permitting foreign . The record showed that the travel had been undertaken within the permitted dates and that the passport had thereafter been deposited with the Investigating Agency. In view of compliance with the conditions imposed for travel abroad, the retained amount no longer required continuation as security.

Conclusion: The application was allowed and the deposited amount, along with interest if any accrued thereon, was directed to be released to the applicant within one week.

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