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2023 (8) TMI 269 - MADRAS HIGH COURTRejection of request of the petitioner to return the car bearing No.TN 04-AV-1374 and cash Rs. 1,24.000/- dated 26.11.2022 seized from the petitioner and two others - car used for smuggling or not - petitioner submits that the petitioner is willing to execute any bond or any other securities that may be required to release the car. HELD THAT:- The Court is inclined to give partial relief to the petitioner by ordering release of the petitioner's car viz., Maruti Suzuki Vitara Brezza bearing Registration No.TN 04-AV-1374 to the petitioner, subject to the conditions imposed - petitioner shall furnish a bank guarantee for a sum of Rs. 1,00,000/- as security to the second respondent and renewed from time to time - further security in the form of bond in favour of the second respondent shall be executed undertaking to pay fine and penalty that may be imposed on the petitioner after adjudication of the proceedings under the the Customs Act, 1962. Petition disposed off.
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