https://www.taxtmi.com/caselaws?id=83731 Passports seized under Section 38 of the Foreign Exchange Regulation Act, 1973 may be retained only while they remain relevant to a pending investigation or connected adjudication. The Court treated prolonged custody without a live nexus to the inquiry as unreasonable and read the scheme of Section 41 as reflecting a policy against indefinite retention of seized material. Retention must therefore be tied to the progress of investigation and proceedings, and the investigation was directed to be completed within a fixed time so the passports could be dealt with in accordance with law. en-us Wed, 31 Aug 1994 00:00:00 +0530 Thu, 12 Jan 2017 13:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83731 Passports seized under Section 38 of the Foreign Exchange Regulation Act, 1973 may be retained only while they remain relevant to a pending investigation or connected adjudication. The Court treated prolonged custody without a live nexus to the inquiry as unreasonable and read the scheme of Section 41 as reflecting a policy against indefinite retention of seized material. Retention must therefore be tied to the progress of investigation and proceedings, and the investigation was directed to be completed within a fixed time so the passports could be dealt with in accordance with law. Case-Laws FEMA Wed, 31 Aug 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83731