https://www.taxtmi.com/caselaws?id=293024 Where seized money was required by the Enforcement Directorate for investigation under the Foreign Exchange Regulation Act, 1947, the Magistrate was not to conduct a general inquiry into ownership under Section 523 of the Criminal Procedure Code. The property was not being finally adjudicated between rival claimants; it was needed for temporary custody and inquiry under a special statutory scheme. The court therefore treated the general criminal procedure power as inapplicable in these circumstances and required the money to remain with the enforcement authorities for investigation. The refusal to deliver the amount for that purpose was set aside. en-us Fri, 29 Jan 1971 00:00:00 +0530 Tue, 19 Jan 2021 16:24:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293024 Where seized money was required by the Enforcement Directorate for investigation under the Foreign Exchange Regulation Act, 1947, the Magistrate was not to conduct a general inquiry into ownership under Section 523 of the Criminal Procedure Code. The property was not being finally adjudicated between rival claimants; it was needed for temporary custody and inquiry under a special statutory scheme. The court therefore treated the general criminal procedure power as inapplicable in these circumstances and required the money to remain with the enforcement authorities for investigation. The refusal to deliver the amount for that purpose was set aside. Case-Laws Indian Laws Fri, 29 Jan 1971 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293024