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    <title>2014 (6) TMI 1055 - MADRAS HIGH COURT</title>
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    <description>A writ challenge to an ad-interim attachment under the TNPID Act failed because the petitioner did not show absence of material for the Government&#039;s satisfaction, and the request for return of vehicles had also become secondary once custody proceedings were pending before the Special Court. However, interim custody applications could not be rejected merely on maintainability: the Special Court had to examine the hypothecation arrangement and the financier&#039;s asserted ownership rights, since in hire purchase transactions the hirer is only a trustee or bailee until the agreement is discharged. The criminal revisions were therefore allowed and the custody matter remanded for fresh consideration on merits, balancing contractual rights against the Act&#039;s protective object.</description>
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    <pubDate>Mon, 23 Jun 2014 00:00:00 +0530</pubDate>
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      <title>2014 (6) TMI 1055 - MADRAS HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=297991</link>
      <description>A writ challenge to an ad-interim attachment under the TNPID Act failed because the petitioner did not show absence of material for the Government&#039;s satisfaction, and the request for return of vehicles had also become secondary once custody proceedings were pending before the Special Court. However, interim custody applications could not be rejected merely on maintainability: the Special Court had to examine the hypothecation arrangement and the financier&#039;s asserted ownership rights, since in hire purchase transactions the hirer is only a trustee or bailee until the agreement is discharged. The criminal revisions were therefore allowed and the custody matter remanded for fresh consideration on merits, balancing contractual rights against the Act&#039;s protective object.</description>
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      <pubDate>Mon, 23 Jun 2014 00:00:00 +0530</pubDate>
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