https://www.taxtmi.com/caselaws?id=341034 Section 451 of the Code of Criminal Procedure permits a criminal court to order interim custody or release of seized property pending inquiry or trial where continued detention serves no useful purpose. The petitioner's foreign-currency dealing licence was found to be subsisting on the date of seizure, and the currency was not treated as material evidence requiring retention. On that basis, refusal to release the foreign currency was held unsustainable, and interim release was directed on furnishing security and surety. en-us Thu, 23 Mar 2017 00:00:00 +0530 Sat, 01 Apr 2017 07:05:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341034 Section 451 of the Code of Criminal Procedure permits a criminal court to order interim custody or release of seized property pending inquiry or trial where continued detention serves no useful purpose. The petitioner's foreign-currency dealing licence was found to be subsisting on the date of seizure, and the currency was not treated as material evidence requiring retention. On that basis, refusal to release the foreign currency was held unsustainable, and interim release was directed on furnishing security and surety. Case-Laws FEMA Thu, 23 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341034