https://www.taxtmi.com/caselaws?id=106610 Foreign exchange and Indian currency are treated as documents for section 41 of the Foreign Exchange Regulation Act, so seized documents may be retained only up to six months unless proceedings under section 51 or section 56 are commenced within that period or time is validly extended. Where show-cause notices were issued after six months, no proceedings under section 56 were initiated, no valid extension was obtained or communicated, and the delay was not attributable to the petitioner, continued retention was unlawful; the passport was also outside the scope of the notices. The seized items had to be returned. en-us Fri, 18 Jan 2002 00:00:00 +0530 Wed, 14 Mar 2012 18:40:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106610 Foreign exchange and Indian currency are treated as documents for section 41 of the Foreign Exchange Regulation Act, so seized documents may be retained only up to six months unless proceedings under section 51 or section 56 are commenced within that period or time is validly extended. Where show-cause notices were issued after six months, no proceedings under section 56 were initiated, no valid extension was obtained or communicated, and the delay was not attributable to the petitioner, continued retention was unlawful; the passport was also outside the scope of the notices. The seized items had to be returned. Case-Laws Companies Law Fri, 18 Jan 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106610