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Banks playing both judge, executioner: Bombay HC on LOCs | Mumbai News

MUMBAI: Public sector banks had become judge and executioner at once in having look out circulars or LOCs issued against defaulters, said Bombay high .

Mumbai , Maharashtra , India , Bombay , Justice-madhav-jamdar , Justice-gautam-patel , Economic-offenders-act , Mumbai-news , Umbai-latest-news , Umbai-news-live , Umbai-news-today

Banks playing both judge, executioner: Bombay HC on LOCs | India News

India News: MUMBAI: Public sector banks had become judge and executioner at once in having look out circulars or LOCs issued against defaulters, said Bombay high .

India , Bombay , Maharashtra , Mumbai , Justice-gautam-patel , Justice-madhav-jamdar , Economic-offenders-act , Ndia-news , Ndia-news-today , Oday-news , Oogle-news

Right to travel abroad is guaranteed under Article 21: Delhi HC | Mumbai News

Bombay High Court rules Centre's power for lookout circulars from public sector banks unconstitutional. Banks can't use LOCs for debt recovery. Bureau

Bombay , Maharashtra , India , Delhi , Mumbai , Anil-singh , Sandesh-patil , Gautam-patel , Justice-subramonium-prasad , Justice-patel , Rui-rodrigues , Birendra-saraf

Public sector banks don't have power to issue Look Out Circulars against defaulters: HC

Bombay HC rules public banks can't issue LOCs against defaulters. Verdict quashes all circulars. Centre's 2018 amendment allowed banks to issue LOCs in 'economic interest of India', but HC deems it unconstitutional.

Bombay , Maharashtra , India , Gautam-patel , Madhav-jamdar , Aditya-thakker , Bureau-of-immigration , Bombay-high-court-on , Look-out-circulars , Bombay-high-court , Justices-gautam-patel , Public-sector-banks

Look Out Circulars: PSU lenders do not have the power to issue Look Out Circulars: Bombay HC

The Bombay High Court declared public sector lenders ineligible to issue Look Out Circulars (LOCs) under Central government office memoranda. While deeming this practice as 'arbitrary', the court upheld the constitutionality of the Central government's office memoranda. The ruling nullified all LOCs issued by public sector banks.

India , Bombay , Maharashtra , Anil-singh , Zulfiqar-memon , Nishit-dhruva , Madhav-jamdar , Birendra-saraf , High-court , Parinam-law-associates , Union-bank , Ministry-of-home-affairs

Bombay HC quashes power of public sector banks to initiate LOCs against defaulters

Bombay HC declared Centre's power for bank officials to issue LOCs unconstitutional, quashing all such LOCs. Existing LOCs by DRT or courts remain val

Bombay , Maharashtra , India , Mumbai , Anil-singh , Gautam-patel , Justice-patel , Madhav-jamdar , Rui-rodrigues , Sandesh-patil , Birendra-saraf , Office-memoranda

Phone-tapping: Look out circulars against 2 ex-top cops | India News

India News: A day after two additional SPs were arrested for their alleged roles in surveillance of chief minister A Revanth Reddy and other opposition leaders wh

Hyderabad , Andhra-pradesh , India , Telangana , Praneeth-rao , Radha-kishan , Prabhakar-rao , D-praneeth-rao , Revanth-reddy , T-prabhakar-rao , K-chadrasekhar-rao , A-revanth-reddy

Texas judge upholds Black student's suspension over dreadlocks under CROWN Act

A Black high school student’s monthslong punishment by his Texas school district for refusing to change his hairstyle doesn't violate law, judge said.

Barbers-hill , Texas , United-states , Mont-belvieu , Houston , Hindustan , India-general- , India , Anahuac , American , Ken-paxton , Darryl-george