TMI Blog1982 (5) TMI 185X X X X Extracts X X X X X X X X Extracts X X X X ..... in illegal foreign exchange operations under the guidance of his father Manak Chand Jain and his brother Suresh Kumar Jain. On February 23, 1982, he was apprehended and his person was searched. Some items of foreign currency were seized. On the information given by him, Room No. 12-A, Regal Hotel, Chandni Chowk, Delhi was searched. More items of foreign currency were recovered, as also some articl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ther two notebooks also were found accounts of several other foreign exchange transactions in which Ashok Narain had apparently engaged himself. Ashok Narain was interrogated and a statement was recorded from him. He was arrested under Section 35 of the Foreign Exchange Regulation Act. Initially he was remanded to the custody of the Enforcement Directorate and later to judicial custody. Finally, o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ely to engage himself in any activity prejudicial to the 'augmentation of foreign exchange'. We are enable to agree with Shri Kacker. Shri Kacker was fair enough to concede that the question whether or not a prosecution was launched on the basis of the available material was really irrelevant in considering the question of the validity of the order of detention. He however urged that the f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d the making of the order of detention was not occasioned by the laxity on the part of the agencies concerned, but was the result of a full and detailed consideration of the facts and circumstances of the case by the various departments involved. We find from the file that the very question whether the passage of time had made it unnecessary to order the detention of the detenu was also considered ..... X X X X Extracts X X X X X X X X Extracts X X X X
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