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Right to travel abroad cannot be abrogated like this banks playing judge, executioner: HC

Right to travel abroad cannot be abrogated like this banks playing judge, executioner: HC
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Bombay HC rules banks can t issue Look Out Circulars against defaulters

The Bombay High Court declared that issuance of Look Out Circulars (LOC) by public sector banks against default borrowers without a specific law violates fundamental rights. The court quashed the Centre s decision empowering banks to request LOCs, stating executive actions cannot infringe constitutional rights without legal basis.

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Issuance of LOCs at instance of public sector banks sans law is violation of fundamental rights: Bombay High Court

Issuance of LOCs at instance of public sector banks sans law is violation of fundamental rights: Bombay High Court
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Bombay HC: PSBs had become Judge and executioner at once; the LOCs their strong-arm tactic to bypass law courts | India News

India News: Bombay HC quashes PSBs' LOCs against defaulters, citing violation of fundamental rights. Justice Patel criticizes banks for lack of fair hearing. HC q

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LOCs At PSBs Behest Are Strong-Arm Tactics To Bypass Legal Process: Bombay HC

LOCs At PSBs Behest Are Strong-Arm Tactics To Bypass Legal Process: Bombay HC
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Gautam patelMadhav jamdarOffice memorandumBombay high courtCourt doubts on assumptions regarding borrowers travellingMinistry of home affairsLook out circularsHome affairsBombay highManaging directorsChief executive officersJustices gautam patelWithout prior notice