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"Strong-Arm Tactics": Bombay High Court Says Public Sector Banks Can't Request Look Out Circulars Against Defaulters, Quashes LOCs

The Bombay High Court recently observed that Look Out Circulars (LOCs) issued by Ministry of Home Affairs (MHA) against loan defaulters at the behest of public sector banks (PSBs) are strong-arm. ....

Justice Madhavj Jamdar , Bombay High Court , Ministry Of Home Affairs , Union Of India , Bureau Of Immigration , Office Memoranda Oms , Look Out Circulars , Home Affairs , Office Memoranda , Chief Executive Officers , Fugitive Economic Offenders Act , Justice Gs Patel , Justice Madhavj Jamdar , Look Out Circulars , Ight To Travel Overseas , Public Sector Banks , Article 21 , Article 14 ,