they cannot be said to be bank note as
defined in Wikipedia.
15. Oxford Dictionary defines „bank note‟ as „bankers
promissory notes specially from ... been
defined in Indian Penal Code , however, Oxford
Crl. A. No. 426.99 & 393.99
Page 14 of 24
Dictionary defines „Currency‟ and „Currency note
Indian currency" means
the counterfeit currency as may be declared after
examination by an authorized or notified forensic
authority that such currency imitates ... counterfeit currency" means the
counterfeit currency as may be declared after
examination by an authorized or notified forensic
authority that such currency imitates
transactions indirectly affecting foreign exchange, the import ad export of and bullion, currency for the conservation of the foreign exchange resources of our country ... country. To keep effective control on the aforesaid transactions, currency is defined in section 2 of the FERA. It is an inclusive definition. It includes
deals with effects of
exchange differences. Under Para 2, reporting currency is defined to
mean the currency used in presenting the financial statements.
Similarly ... word ―paid‖ is defined under
Section 43(2) . This has been discussed earlier. Similarly, it is
important to note that foreign currency notes, balance
pension will not fall below 1000 at any time. Formerly when currencies were on gold standard, such guarantees used to be expressed in what used ... gold value clauses. There also exist clauses defining the amount of units of a given currency owed by the debtor by reference to another currency
drawn my attention to
Section 2(h) of the Competition Act, which defines the expression
`enterprise‟ to mean "a person or a department ... Central Government dealing with atomic energy, currency, defence
and space."
23. The expression „activity‟ has been defined to include profession
or occupation. Respondent
foreign exchange" means foreign currency and includes all deposits, - credits and balances payable in any foreign currency, and any drafts,traveller's cheques ... expressed or drawn inindian currency but payable in any foreign currency."
(10) The term "foreign curency" is defined in Section
foreign input of the
currency and corresponding indices (index and currency
belonging to the same country).
c. The currency of foreign exchange payment ... input.
(x) If the currencies in which the Contract Price is
expressed are different from the currencies of the sources
of the relevant indices
section 6 of the Act.
6. Section 2(c) of the Act defines "foreign contribution" as :
"'Foreign contribution' means ... thousand rupees;
(ii) of any currency, whether Indian or foreign;
(iii) of any foreign security as defined in clause (i) of section
Section 67 of the Act to seize currency as the same
is not 'goods' as defined under the Act. The petitioner contends that ... term 'goods' as defined under Sub-section (52) of
Section 2 of the Act.
31. Cash (Indian currency) is clearly excluded from