https://www.taxtmi.com/caselaws?id=311140 Seized currency that is no longer required for any pending legal purpose may be returned only through the applicable statutory process. The governing framework includes the Code of Criminal Procedure, the Specified Bank Notes (Cessation of Liabilities) Act, 2017, the Specified Bank Notes (Deposit of Confiscated Notes) Rules, 2017, and RBI operational instructions. The currency must first be routed through the Reserve Bank of India with the required serial numbers, and the authorities must comply with the prescribed statutory and procedural requirements before remitting the amount to the claimant. The legal position stated is that the return cannot be withheld without a surviving legal impediment. en-us Fri, 23 Mar 2018 00:00:00 +0530 Sat, 09 Dec 2023 20:33:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=311140 Seized currency that is no longer required for any pending legal purpose may be returned only through the applicable statutory process. The governing framework includes the Code of Criminal Procedure, the Specified Bank Notes (Cessation of Liabilities) Act, 2017, the Specified Bank Notes (Deposit of Confiscated Notes) Rules, 2017, and RBI operational instructions. The currency must first be routed through the Reserve Bank of India with the required serial numbers, and the authorities must comply with the prescribed statutory and procedural requirements before remitting the amount to the claimant. The legal position stated is that the return cannot be withheld without a surviving legal impediment. Case-Laws Indian Laws Fri, 23 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=311140