https://www.taxtmi.com/caselaws?id=110407 Temporary retention of seized documents and currency under the Foreign Exchange Regulation Act was considered lawful where the statute allowed retention for six months, extendable for recorded reasons, and where adjudication proceedings had commenced within time. Expiry of the initial period did not by itself create an automatic right to mandamus for return, because the Act did not prescribe express consequences for non-compliance with the time frame. Currency was treated as falling within the statutory concept of document for this purpose, and the authority could still summon the material for lawful adjudication. The request for immediate return was rejected, while the adjudication process was directed to be completed within a fixed time. en-us Wed, 28 Apr 2004 00:00:00 +0530 Mon, 16 Apr 2012 16:15:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=110407 Temporary retention of seized documents and currency under the Foreign Exchange Regulation Act was considered lawful where the statute allowed retention for six months, extendable for recorded reasons, and where adjudication proceedings had commenced within time. Expiry of the initial period did not by itself create an automatic right to mandamus for return, because the Act did not prescribe express consequences for non-compliance with the time frame. Currency was treated as falling within the statutory concept of document for this purpose, and the authority could still summon the material for lawful adjudication. The request for immediate return was rejected, while the adjudication process was directed to be completed within a fixed time. Case-Laws Companies Law Wed, 28 Apr 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=110407