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loc: Banks can request LOCs against defaulters only in 'exceptional' circumstances: HC

The Delhi High Court has ruled that banks can only request the opening of look-out circulars (LOCs) against defaulters in exceptional circumstances that affect the country s economy. The court expressed dissatisfaction with banks using LOCs for debt recovery without initiating criminal proceedings, stating that there must be an application of mind before issuing such circulars. ....

New Delhi , Justice Subramonium Prasad , Delhi High Court , Look Out Circulars , Bank Of Baroda ,

HS: Most Finns consider fur farming unethical

Women were more likely than men and young people more likely than older people to view fur farming as unethical and support prohibiting the industry, reveals a survey by Helsingin Sanomat. ....

Nina Arkilahti , Helsingin Sanomat , Aleksi Teivainen , Supporters Of The Green League , Finns Party , Op Financial Group , National Coalition , Finnish Fur Breeder Association Fifur , Left Alliance , Forestry Sari Essayah , Green League , Finnish Fur Breeder Association ,