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    <title>2003 (11) TMI 653 - GUJARAT HIGH COURT</title>
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    <description>Custody of muddamal cheques seized during investigation under Section 457 CrPC turns on entitlement to possession, not adjudication of title or guilt. Because cheques are negotiable instruments whose utility may diminish with time, the Magistrate may direct interim delivery to the person entitled to possession, subject to conditions that preserve evidentiary value through copies and panchnama. The negotiable instrument framework, including presumptions as to consideration and holder in due course, supported release of the cheques to the petitioner. The order remanding the matter for rehearing was unsustainable.</description>
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    <pubDate>Tue, 25 Nov 2003 00:00:00 +0530</pubDate>
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      <title>2003 (11) TMI 653 - GUJARAT HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=458382</link>
      <description>Custody of muddamal cheques seized during investigation under Section 457 CrPC turns on entitlement to possession, not adjudication of title or guilt. Because cheques are negotiable instruments whose utility may diminish with time, the Magistrate may direct interim delivery to the person entitled to possession, subject to conditions that preserve evidentiary value through copies and panchnama. The negotiable instrument framework, including presumptions as to consideration and holder in due course, supported release of the cheques to the petitioner. The order remanding the matter for rehearing was unsustainable.</description>
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      <pubDate>Tue, 25 Nov 2003 00:00:00 +0530</pubDate>
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