Lord Menzies said that his arrest for contravening the Police (Scotland) Act was not wrongful or unjustified and items recovered in a search were properly admissible as evidence.

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Mr. Anand, the lawyer representing Ram Singh, said he didn't dispute that his client made a statement to police but said it wasn't, under Indian law, admissible as evidence in court.

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However, many securities attorneys hoped the evidence would be admissible in arbitration or court as statements of fact.

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They also point out that, amongst other things, they had been pressing for other evidence, such as phone taps, to be made admissible to allow suspects to be held in prison - a notion ministers had rejected.

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Attempts to admit such evidence raise a number of questions, including how to authenticate ESI as admissible.

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