Supreme Court · 1977 INSC 50 · Decided 9 February 1977
Union of India and Another v. Vijay Chand Jain
- Court
- Supreme Court of India
- Citation
- 1977 INSC 50 · [1977] 2 S.C.R. 952
- Case number
- CIVIL APPEAL No. 2081/1968
- Decided
- 9 February 1977
- Bench
- V.R. KRISHNA IYER, A.C. GUPTA (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Constitution Article 226
Headnote
. Foreign Exchange Regulation Act, 1947-s. 23(18)-Foreign Currency-­ Sale proceeds in Indian c11rrency seized and confiscated-Government. if com­ petent to confiscate. Words a'nd Phrases-"in respect of"-Meaning of. Under s. 2(d) of the ·Foreign Exchange Regulation Act, of foreign exchange by a person other than an authorised dealer except with the Permission of the Reserve Bank. Section 23(1)(a) prescribes a penalty for contravention of s. 4. Section 23 (lB) provides that, in addition to the penalty which may be imposed for such contravention, a court may
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)