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Banks can t use LOC as measure to recover money: Delhi HC
The court observed that in the present case, on the day when the LOC was issued, the petitioner was not an accused in any case and there was no material on record to show that his arrest was even contemplated.
Nipun singhal
Justice subramonium prasad
Holding locs
Delhi high court
Look out circulars
Look out circular
Lloyd electric
Engineering limited
Subramonium prasad
Financial assets
Security interest act
Bankruptcy code
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