M/S. LOKENATH TOLARAM ETC. vs B. N. RANGWANI & ORS.

The Supreme Court held that under Section 110(1) of the Customs Act, 1962, goods may be seized if the proper officer believes they are liable for confiscation, and Section 124(a) mandates notice to the owner before confiscation. The Court found that the consent orders between the parties effectively released the goods, thus rendering the extension of time for notice under Section 124(a) valid despite being beyond six months. The appeals were dismissed as the appellants had no claim to the return of the amounts deposited, which were treated as securities for adjudication proceedings.