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Gauhati HC Orders Release of ₹19.99 Lakh Seized Cash on Indemnity Bond

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Summary

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  • The Gauhati High Court has ordered the release of ₹19,99,500 seized cash to Soleman Ansary upon execution of an indemnity bond.
  • This decision follows Ansary's challenge against a previous order by the Additional Chief Judicial Magistrate, Dhubri, which denied him custody of the funds due to income tax concerns.
  • The court relied on the Supreme Court's ruling in Sunderbhai Ambalal Desai v. State of Gujarat, emphasizing that seized currency should not remain in police custody for extended periods.
  • This ruling could set a precedent for similar cases regarding the return of seized assets under appropriate safeguards.

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