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2009 (3) TMI 199 - SC - CustomsSeizure of Currency - Misdeclartation of goods - Whether the High Court was justified in ordering unconditional release of the currency which allegedly represented the sale-proceeds of the misdeclared goods, which, if proved, were liable to be confiscated under Section 111 or Section 113 - Held that:- prima facie that before adjudication, in exercise of writ jurisdiction on the facts of this case, the High Court ought not to have granted unconditional release of the cash. In fact, we called upon the learned counsel for the respondent to give a bank guarantee. The respondent is not in a position to give a bank guarantee for the amount which he had already withdrawn - Stay granted.
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