Release of Lamborghini worth 1.2 crore in Kanpur, owner deposited a bond of 8 crore
A Chief Judicial Magistrate court in Kanpur ordered the release of a luxury Lamborghini after the owner deposited a security bond of 8.83 crore, subject to strict restrictions on the car's sale and modification.
In a high-profile case regarding the seizure of a luxury Lamborghini in Kanpur, the Chief Judicial Magistrate (CJM) court authorized the release of the supercar worth approximately 12 crore rupees after the owner submitted a hefty security bond of 8.83 crore. This decision follows a prolonged legal process where two previous courts recused themselves from the case, ultimately leading to the CJM court's involvement.
Upon approving the release, the CJM court imposed severe conditions on the vehicle. The stipulations make it clear that the Lamborghini cannot be sold, transferred, or modified in any way. Additionally, any alterations to the engine or chassis numbers are strictly prohibited. This legal move aims to ensure that the vehicle remains within the jurisdiction of the law while investigations are ongoing.
The court's ruling has significant implications for the owner and the broader implications for luxury car ownership during legal scrutiny in India. With police announcing that they will no longer interrogate the owner regarding the case, questions regarding the fairness of the legal process and the treatment of wealthy individuals in the judicial system may arise as public interest continues to build around the so-called "Kanpur Lamborghini case."