Release of Custody of cash invoking Section 451 of the Cr.P.C. - ...
Income Tax
August 13, 2020
Release of Custody of cash invoking Section 451 of the Cr.P.C. - the apportionment of the amount as between the claimants and release of 40% of the cash amount in deposit to the petitioner as if such portion of the amount would satisfy the claim of the Income Tax authorities is factually and legally wrong. That part of the impugned order allowing the first respondent to get release of 60% of cash in deposit on tender of bank guarantee, therefore, requires to be modified. - HC
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