https://www.taxtmi.com/caselaws?id=73998 Detention based substantially on statements implicating the detenu in unauthorised foreign exchange dealings was vitiated because the detaining authority was not informed that those statements had been retracted before the Magistrate. The retractions were a material circumstance directly affecting the reliability and weight of the evidence, and because the fact was already on the court record through bail proceedings, the enforcement authorities were bound to place it before the detaining authority. The omission deprived the authority of a vital relevant factor for its subjective satisfaction, so the detention order was quashed. en-us Mon, 01 Aug 1988 00:00:00 +0530 Wed, 01 Feb 2012 17:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=73998 Detention based substantially on statements implicating the detenu in unauthorised foreign exchange dealings was vitiated because the detaining authority was not informed that those statements had been retracted before the Magistrate. The retractions were a material circumstance directly affecting the reliability and weight of the evidence, and because the fact was already on the court record through bail proceedings, the enforcement authorities were bound to place it before the detaining authority. The omission deprived the authority of a vital relevant factor for its subjective satisfaction, so the detention order was quashed. Case-Laws FEMA Mon, 01 Aug 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=73998