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2003 (9) TMI 112 - HC - CustomsExtract: .......be confiscated under Section 115 of the Customs Act. 9.In the result, the petition succeeds. Rule is made absolute in terms of prayer clause (a) with no order as to costs. 10.The bank guarantee executed by the petitioners at the time of the admission of the petition is cancelled and the same be returned to the petitioners within 4 weeks from today.
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