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Delhi High Court Refuses Bail To Person Allegedly Part Of Fake Currency

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Justice Subramonium Prasad stated that the circulation of fake currency notes adversely affected the financial health of the nation and that fake production has reached such a “level of immaculate sophistication”.

New Delhi: 

The Delhi High Court has refused bail to a person allegedly part of a syndicate which prints and circulates fake Indian currency notes, saying that it not only cripples the economy but also breeds drug smuggling and funds undesirable terrorist outfits.

Justice Subramonium Prasad stated that circulation of fake currency notes adversely affected the financial health of the nation and that fake production has reached such a “level of immaculate sophistication” that they have become “indistinguishable from real currency notes and have become a high profiteering business.”

“Circulation of fake currency notes is severely detrimental to the economy and hampers the financial regulation of the country. The production of counterfeit currency notes often stems from dissatisfaction with a country’s growth, and is therefore, aimed at financially disintegrating and destabilising the steady equilibrium of liquidity in the economy.

“Counterfeiting of currency notes breeds drug smuggling, purchase of illegal arms and ammunition, funding of undesirable terrorist outfits, cross-border money laundering, human trafficking and various other phenomena. It has a disastrous effect on the economy,” the judge said in his order dated August 23.

He added that Sections 489A, 489B, 489C, 489D and 489E of the Indian Penal Code, which deal with offences pertaining to fake currency, were specially inserted by the legislature to protect the economy of the country.

In the present case, the court noted, the petitioner-accused was apprehended by police following a “secret information” that a Dubai-based Pakistani national was trying to bring fake Indian currency notes in the country.

The petitioner was arrested in a raid with fake Indian currency notes with a face value of ? 44,000 and a “syndicate of procurement, printing, circulation and distribution of fake Indian currency notes” was unearthed, it further recorded.

Dismissing the bail plea, the court observed that the “petitioner is a part of the well-oiled machinery/syndicate dealing in printing and circulation of fake currency notes and it has the propensity of having a disastrous effect on the country’s economy”.

“The petitioner is alleged of committing extremely serious offence which has the effect of crippling the economy of the country,” the court said.

“The petitioner has been found in possession of Fake Indian Currency Notes and the purpose of these fake currency notes were meant for circulation lest there is no point having counterfeit currency notes. Maximum punishment for offence under Section 489D is imprisonment for life. This Court is, therefore, not inclined to grant bail to the petitioner at this stage,” he added.

 

Delhi High Court Refuses Bail To Person Allegedly Part Of Fake Currency

The petitioner was arrested in a raid with fake Indian currency notes with a face value of ? 44,000.

New Delhi: The Delhi High Court has refused bail to a person allegedly part of a syndicate which prints and circulates fake Indian currency notes, saying that it not only cripples the economy but also breeds drug smuggling and funds undesirable terrorist outfits.

Justice Subramonium Prasad stated that circulation of fake currency notes adversely affected the financial health of the nation and that fake production has reached such a “level of immaculate sophistication” that they have become “indistinguishable from real currency notes and have become a high profiteering business.”

“Circulation of fake currency notes is severely detrimental to the economy and hampers the financial regulation of the country. The production of counterfeit currency notes often stems from dissatisfaction with a country’s growth, and is therefore, aimed at financially disintegrating and destabilising the steady equilibrium of liquidity in the economy.

“Counterfeiting of currency notes breeds drug smuggling, purchase of illegal arms and ammunition, funding of undesirable terrorist outfits, cross-border money laundering, human trafficking and various other phenomena. It has a disastrous effect on the economy,” the judge said in his order dated August 23.

He added that Sections 489A, 489B, 489C, 489D and 489E of the Indian Penal Code, which deal with offences pertaining to fake currency, were specially inserted by the legislature to protect the economy of the country.

In the present case, the court noted, the petitioner-accused was apprehended by police following a “secret information” that a Dubai-based Pakistani national was trying to bring fake Indian currency notes in the country.

The petitioner was arrested in a raid with fake Indian currency notes with a face value of ? 44,000 and a “syndicate of procurement, printing, circulation and distribution of fake Indian currency notes” was unearthed, it further recorded.

Dismissing the bail plea, the court observed that the “petitioner is a part of the well-oiled machinery/syndicate dealing in printing and circulation of fake currency notes and it has the propensity of having a disastrous effect on the country’s economy”.

“The petitioner is alleged of committing extremely serious offence which has the effect of crippling the economy of the country,” the court said.

“The petitioner has been found in possession of Fake Indian Currency Notes and the purpose of these fake currency notes were meant for circulation lest there is no point having counterfeit currency notes. Maximum punishment for offence under Section 489D is imprisonment for life. This Court is, therefore, not inclined to grant bail to the petitioner at this stage,” he added.

 

The court also considered that charges in the bail were yet to be framed and the chances of the petitioner absconding or continuing to indulge in the same activity on release could not be ruled out at this juncture.

 

 

Source: NdTv

 

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Shraddha Murder Case: Police found spinal cord, 10 body parts recovered so far from the forest

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Photo by Hassan Rafhaan on Unsplash | (Representational Image)

The bones of Shraddha found by the Delhi Police in the forest of Mehrauli belong to the back part of the body. About 10 such body parts have been found so far, including the reed bone. Apart from this, some bones have also been recovered from the drain.

Delhi Police has received 10 parts of the body including the lower part of the spinal cord. The police have also found blood stains in the kitchen of the flat, whose samples have been sent for examination to find out whose the blood stains are.

Aftab had cleaned the fridge with chemicals so that when caught, he could spoil the forensic investigation. Delhi Police will soon call Shraddha’s father for a DNA sample. After which blood sample and bone sample will be sent to FLS, after which FSL will do a DNA test.

After the investigation so far, the police suspect that Shraddha’s body was dismembered in the bathroom after the murder. Along with this, the accused used to leave the water running from the shower so that the dead body could be easily cut and blood flowed. The FSL team along with Aftab was present during the investigation at his flat.

Source: Aajtak

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Fog will be seen in Delhi’s sky from tomorrow, cold will increase with drop in temperature!

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Representational Image | Image Source: Sumita Roy Dutta (Wikimedia)

After the passing of half of November, there is a rapid change in the weather. The country’s capital Delhi is feeling cold in the morning and evening, while the temperature is rising in the afternoon. However, a change in the weather can be seen in the coming days. According to IMD, the cold may increase in Delhi from tomorrow i.e. 17 November with a drop in temperature.

Delhi’s temperature condition

According to weather experts, in the next few days, icy winds will blow in the northwest direction, due to which Delhi’s temperature will drop and the cold will increase. Talking about the temperature, on November 17, the minimum temperature can be 12 degrees Celsius and the maximum temperature can be 27 degree Celsius. Two days ago i.e. on November 15, the minimum temperature was recorded at 15 degrees and the maximum temperature was 30 degrees. At the same time, there is a possibility of further decline in it for the next two days. On November 18, the minimum temperature can reach 11 °C and the maximum temperature can reach 26 °C.

Source Aajkal.in

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In Delhi, 37 lakh people apply for power subsidy

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Representational Image | Image Source: Snappygoat.com

After the 15-day-expansion by the Delhi government to select for the power subsidy scheme finished Tuesday, just three lakh individuals applied during the augmentation time frame. From September 14 till Tuesday night, 37,13,179 individuals applied to keep on benefiting from the subsidy scheme.

In spite of the fact that authorities are guaranteeing that a decent level of individuals has applied, the information shows a distinction of around 10 lakh customers when contrasted with a year ago. As per the information, around 46.8 lakh individuals profited from the advantage under the plan in 2021-22.

“This was the normal number of individuals who get the advantage, and the people who go under the 200 unit class probably applied. Likewise, the number varies as a few purchasers get the financed bill during winters and the number descends in summer as individuals use ACs, coolers, and fans,” said a senior authority from the power office.

He added that individuals who got sponsored bills under 400 units during winter should not have applied. “In any case, they can, in any case, apply before their next charging cycle and profit from the subsidy scheme,” said the official.

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