https://www.taxtmi.com/caselaws?id=104272 Statements recorded from a person summoned under section 40 of the Foreign Exchange Regulation Act, 1973 are not confessions recorded by a Magistrate under section 164 of the Code of Criminal Procedure, 1973. The caution mandated by section 164(2) therefore does not apply to such investigatory statements, which remain admissible if voluntary. The trial court erred in excluding them on the ground that no Magistrate-style caution had been given. The appeal succeeded, the acquittal was set aside, and the matter was remitted for fresh consideration of the recorded statements in accordance with law. en-us Fri, 19 Jun 1998 00:00:00 +0530 Tue, 28 Feb 2012 14:47:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104272 Statements recorded from a person summoned under section 40 of the Foreign Exchange Regulation Act, 1973 are not confessions recorded by a Magistrate under section 164 of the Code of Criminal Procedure, 1973. The caution mandated by section 164(2) therefore does not apply to such investigatory statements, which remain admissible if voluntary. The trial court erred in excluding them on the ground that no Magistrate-style caution had been given. The appeal succeeded, the acquittal was set aside, and the matter was remitted for fresh consideration of the recorded statements in accordance with law. Case-Laws Companies Law Fri, 19 Jun 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104272