Bail granted as value of gold biscuits/ bullions is less than Rs. One Crore

Ashish Raj Vs Union of India (Patna High Court) Patna High Court held that bails is granted on furnishing of bails bonds as the recovery of gold biscuits/ bullions is of value less than Rs. One Crore. Facts- The petitioners are languishing in custody in a case registered for the offences punishable under Sections 135(1)(a), 135(1)(b) for violations of Sections 7, 46, 47 of the Customs Act, 1962 read with Sections 3(2) of the Foreign Trade (Development & Regulation) Act, 1992. The prosecution story in nutshell is that on getting specific information, the D.R.I, Patna apprehended the petitio...