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1972 Supreme(Ker) 207

V.P.GOPALAN NAMBIYAR
N. SREENIVASAN – Appellant
Versus
DIRECTOR OF ENFORCEMENT, NEW DELHI – Respondent


Judgment :-

1. The petitioners' premises were searched on 26 91970 and their Post Office Savings Bank Account Book and certain other documents were seized by the Asst. Director, Enforcement Directorate, Shastri Bhavan, Madras. Ext. P1 notice dated 22nd December 1970 was issued to the petitioners stating that the 1st petitioner had received without general or special exemption from Reserve Bank of India four payments amounting to Rs. 24,200/- from persons other than authorised dealers in foreign exchange by order or on behalf of Shri N. Sadanandan of Malaysia and that there was a contravention of the provisions of certain specified sections of the Foreign Exchange Regulations Act 1947. He was, therefore, called upon to show cause why adjudication proceedings contemplated in S.23D of the Foreign Exchange Regulations Act 1947 should not be held against him for the contravention and why the amount of Rs. 20.000/-deposited in his savings bank account and Rs. 4000/- deposited in his mother's (2nd petitioner's) account at the Post Office, Vaikom should not be confiscated to the Government. Both the petitioners submitted explanations dated 8-1-1971. In order to receive back their pass book












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