Manappuram Finance Ltd., v. the State of Karnataka
Case brief
What is this about?
Writ petition challenging the seizure of gold articles pledged by customers. Court extended relief from a coordinate bench order holding that Investigating Officers cannot seize pledged gold but can summon it for investigation. Subsequently, granted liberty to approach the jurisdictional Magistrate for release of seized articles.
What did the court decide?
Liberty granted to approach the jurisdictional Magistrate for release of the gold articles seized.