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    <title>1988 (7) TMI 75 - HIGH COURT AT CALCUTTA</title>
    <link>https://www.taxtmi.com/caselaws?id=42428</link>
    <description>Where a circular under the Gold (Control) Act authorised release of confiscated primary gold on payment of redemption fine, the discretion to refuse redemption had to be exercised reasonably and not arbitrarily. The confiscated gold was found to be ancestral and not shown to be smuggled or of foreign origin, and the record showed an undertaking to comply with the prescribed conditions; the refusal to grant redemption was therefore unsustainable and was set aside. The writ petition was also held maintainable because the alternative reference remedy had not progressed effectively and was not an efficacious or prompt bar in the circumstances.</description>
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    <pubDate>Wed, 27 Jul 1988 00:00:00 +0530</pubDate>
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      <title>1988 (7) TMI 75 - HIGH COURT AT CALCUTTA</title>
      <link>https://www.taxtmi.com/caselaws?id=42428</link>
      <description>Where a circular under the Gold (Control) Act authorised release of confiscated primary gold on payment of redemption fine, the discretion to refuse redemption had to be exercised reasonably and not arbitrarily. The confiscated gold was found to be ancestral and not shown to be smuggled or of foreign origin, and the record showed an undertaking to comply with the prescribed conditions; the refusal to grant redemption was therefore unsustainable and was set aside. The writ petition was also held maintainable because the alternative reference remedy had not progressed effectively and was not an efficacious or prompt bar in the circumstances.</description>
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      <pubDate>Wed, 27 Jul 1988 00:00:00 +0530</pubDate>
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