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Informative

Malaysian National's 4Lakh Indian Currency Seized: Madras HC Declines Immediate Return, Orders...

Update / Judgement Date

23 Jul 2025

Source

Taxscan

Author

Team — WCP Legal Desk

Reading Time

1 min read

FEMA & FCRAOther Legal Matters

The Madras High Court declined the "immediate return" of a "Malaysian national's ₹4 lakh Indian currency seized," ordering Customs to "follow due process in 8 weeks." The court ruled against the immediate release of the seized foreign currency, emphasizing that Customs authorities must conduct a proper investigation and follow the prescribed legal procedures under the Foreign Exchange Management Act (FEMA) or Customs Act. While not denying the eventual return, it mandated adherence to due process within a defined timeframe of eight weeks.