Enterprises offering loans against gold jewellery always run the risk of accepting stolen articles and therefore they cannot question the power of police to seize jewels in appropriate cases, the Madras High Court Bench here has said. Justice P.N. Prakash made the observation while disposing of a writ petition filed by the manager of Muthoot Finance, Bazzar Branch, Kovilpatti, Thoothukudi district, to forbear Kovilpatti West police from seizing certain jewels pledged with the company. Claiming that his company thoroughly ascertained ownership of jewels before offering loans, the petitioner accused the police of collecting details of jewels pledged with it frequently and connecting them with theft cases by recording false confession statements from the accused. Replying to it, the judge said: “This is indeed a very grey area in which it is dangerous for this court to give any finding this way or that way. All over the world, enterprises that give jewel loans run the risk by accept...