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Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
Grant of Bail - petitioner is in custody since 5th December, 2020 and that no interrogation is done - The bail cannot be granted solely on the ground that vires of Section 132 and 69 of the Act are under challenge - The factual error pointed out in impugned order cannot in itself be a reason for allowing the prayer. The Court below had given other reasons also for denying the bail. - HC
Grant of Bail - petitioner is in custody since 5th December, 2020 and that no interrogation is done - The bail cannot be granted solely on the ground that vires of Section 132 and 69 of the Act are under challenge - The factual error pointed out in impugned order cannot in itself be a reason for allowing the prayer. The Court below had given other reasons also for denying the bail. - HC
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