A hundred years ago September 4, 1918. Archives

From the Archives (Sept 4, 1918): Sale of Sovereigns.

At the Esplanade Police Court yesterday [Bombay, September 2] an Inspector of the C.I.D., applied for the Chief Presidency Magistrate’s consent under Rule 30 of the Defence of India (consolidation) rules 1915, for the institution of proceedings against a Shroff and a broker for contravention of rule 21 C (1) with regard to dealing in sovereigns published in the Gazette of India on the 22nd ultimo. The Magistrate gave the necessary consent. This is the first application since the publication of the notification. Before the Third Presidency Magistrate the Inspector then charged the first accused, a Shroff, with selling on or about the 31st ultimo one hundred sovereigns to the second accused, a broker, for an amount exceeding the face value of sovereigns and the second accused with purchasing the sovereigns at that higher rate.

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Printable version | Aug 13, 2020 3:06:36 AM | https://www.thehindu.com/archives/from-the-archives-sept-4-1918-sale-of-sovereigns/article24857420.ece

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