(1.) On 20th April, 1985 the appellants say some of their Officers found the Respondent No. 1 in possession of two gold bars and one gold stick as well as some old and broken gold ornaments. The Respondent No. 1 is a dealer in gold ornaments. The recovery was alleged to have been made upon search of the person and the bag in the possession of the Respondent No. 1 at the business premises of one Prakash Yadav. The said Officers took the Respondent No. 1 to the Customs House where a confessional statement was made by the Respondent No. 1.
(2.) In the statement the Respondent No. 1 had first set out particulars of his family and himself as well as his business. The relevant extracts of the confessional statement are:
(3.) The corrections in the confessional statement as well as the endorsement below the statement were in the hand-writing of the Respondent No. 1.
ABOUT US "REGENT COMPUTRONICS PVT. LTD." is a Company incorporated in 1991 under the provisions of the Companies Act, 1956. Since its inception to 1995, the Company was busy in carrying out the activities related to various Banks' Job Work..
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