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2016 (10) TMI 668 - HC - CustomsImport of Gold prohibited item / smuggling - import from Nepal - Offence triable by Magistrate Ist Class - offence bailable or non-bailable - Maximum punishment provided is 7 years imprisonment - Held that: - Keeping in view the maximum sentence provided in the offence and submission that possession of Gold, if not imported through Nepal, is not unauthorized, as the submission is, in the opinion of the Court, no useful purpose would be served by detaining the applicant in jail in any more, keeping in view the ratio of judgment given by Apex Court in the case of Sanjay Chandra v. C.B.I. [2011 (11) TMI 537 - SUPREME COURT]. Applicant-Vinod Kumar Verma involved in Complaint Crime No. 41/2015, Complaint No. 0000105 of 2016, under Sections 104, 110, 111, 135 of the Customs Act, 1962, Police Station D.R.I., Lucknow, is directed to be released on bail subject to the fulfillment of certain conditions.
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