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Bombay High Court rules public sector banks do not have power to issue Look Out Circulars

The Bombay High Court held that public sector banks do not have power to issue Look Out Circulars against Indian citizens and foreigners under the office memoranda of the Central government. ....

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Bombay High Court to examine Central government's powers to issue "Lookout Circulars"

The Bombay High Court is set to decide the validity of at least eight circulars/ office memoranda issued by the Central government which enables issuance of Lookout Circulars (LOC) against Indian citizens and foreigners ....

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