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Bombay High Court Acquits Accused in Counterfeit Currency Case Due to Lack of Evidence and Non-Compliance with Mandatory Provisions. Failure to Join Independent Panch Witnesses and Inconsistencies in Seizure and Recovery Cast Doubt on Prosecution Case Under Sections 489B and 489C IPC.

The appellant, Shaikh Nazir Shaikh Failu, was convicted by the trial court for offences under Sections 489B and 489C of the Indian Penal Code, 1860 (I...

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Bombay High Court Upholds Conviction of Three Accused for Counterfeiting Currency Notes under Sections 489B and 489C IPC. Possession and Use of Fake Currency Notes Proved Beyond Reasonable Doubt Based on Police Raid and Expert Evidence.

The case involves three appellants, Nafiz Alam Nurul Hudd Shaikh, Mohd. Sadidul Mohd. Majidali Haq, and Asamul Safaruddin Shaikh, who were convicted b...

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Bombay High Court Upholds Conviction for Counterfeit Currency Possession and Use Under IPC Sections 489(B) and 489(C) — Accused's Possession of Fake Notes and Attempt to Use Them Proved Beyond Reasonable Doubt.

The appellant, Noor Islam s/o Sadik Ali, was convicted by the Additional Sessions Judge-5, Aurangabad in Sessions Case No.83/2012 for offences under S...

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Bombay High Court Upholds Conviction for Possession and Use of Fake Currency Notes Under IPC Sections 489B and 489C. The court affirmed the trial court's finding that the appellant knowingly used and possessed a counterfeit Rs.500 note, rejecting the appeal for lack of merit.

The appellant, Mansur Azaruddin Shaikh, was convicted by the 2nd Ad-Hoc Sessions Judge, Sewree, Mumbai, for offences under Sections 489B and 489C of t...

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Bombay High Court Upholds Conviction for Counterfeiting Currency Notes but Acquits Some Accused of Criminal Conspiracy. Court holds that possession and use of counterfeit currency notes without proof of conspiracy does not attract Section 120B IPC.

The case involves two appeals arising from Sessions Case No.126/2006 decided by the Additional Sessions Judge, Ahmednagar. The first appeal was filed ...

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High Court of Bombay at Aurangabad Acquits Appellants in Counterfeit Currency Case Due to Lack of Evidence and Procedural Lapses. Conviction under Section 489B r/w 34 IPC set aside as prosecution failed to prove possession or use of counterfeit currency notes.

The case involves an appeal against the conviction of Prabhakar Patlola and Venkatesh Chanda under Section 489B read with Section 34 of the Indian Pen...

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Bombay High Court Allows Loss Deduction for Confiscated Foreign Currency in Income Tax Reference. Foreign currency confiscated by customs authorities under FERA held allowable as business loss under Income Tax Act, 1961, even though treated as undisclosed income.

The case involves an income tax reference by the Revenue against the order of the Income Tax Appellate Tribunal (ITAT) for the assessment year 1982-83...

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Bombay High Court Acquits Six Accused in NDPS Case Due to Non-Compliance with Sections 42 and 50. Failure to Record Reasons for Search and Lack of Independent Witnesses Renders Recovery of Contraband Illegal.

The case involves six appellants who were convicted by the trial court under the Narcotic Drugs and Psychotropic Substances Act, 1985 (NDPS Act) for p...