https://www.taxtmi.com/caselaws?id=101594 The Delhi High Court held that its inherent powers under Section 482 of the Code of Criminal Procedure could be invoked to prevent injustice during pending adjudication, provided the proceedings were not prejudiced. Applying that principle, the Court found that seized currency could be released against suitable security and accepted an undertaking that the identity of the money would not be disputed. The seized currency was therefore ordered to be released to the petitioner on furnishing a bank guarantee to the satisfaction of the Enforcement Directorate, and the impugned order was set aside. en-us Wed, 25 Jul 2001 00:00:00 +0530 Fri, 10 Feb 2012 12:59:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101594 The Delhi High Court held that its inherent powers under Section 482 of the Code of Criminal Procedure could be invoked to prevent injustice during pending adjudication, provided the proceedings were not prejudiced. Applying that principle, the Court found that seized currency could be released against suitable security and accepted an undertaking that the identity of the money would not be disputed. The seized currency was therefore ordered to be released to the petitioner on furnishing a bank guarantee to the satisfaction of the Enforcement Directorate, and the impugned order was set aside. Case-Laws FEMA Wed, 25 Jul 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101594