Supreme Court · 1961 INSC 320 · Decided 24 November 1961

Mohammad Serajuddin v. R. C. Mishra

Court
Supreme Court of India
Citation
1961 INSC 320 · [1962] SUPP. 1 S.C.R. 545
Case number
CRIMINAL APPEAL No. 158/1960
Decided
24 November 1961
Bench
J.L. KAPUR, M. HIDAYATULLAH, J.C. SHAH (3-judge bench)
Outcome
Appeal(s) allowed
Case type
Criminal
Acts & sections cited
CrPC; Constitution; Customs Act

Headnote

SUPREME COUR'l' REPORTS 545 for reserving the coastline for future fi8hing wa~ the price of chanks, with which the respondent did its business. That• amount was paid to obtain an enduring asset in the shape of an exclusive right to fish, and the . payment was not related to · the on the capital side and not a realising of the chanks as stock-in-trade, because none had been bought by the firm, and none would have been sold by it. In our opinion, the decision of the High Court, with all due respect, WllAI, therefore, errone­ ous, and the ear lier decision of the Full

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