##PAGE1##

2025:BHC-OS:26634-DB

P.H. Jayani

904 IAL41743.2025.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION

INTERIM APPLICATION (L) NO. 41743 OF 2025

IN

WRIT PETITION NO. 1196 OF 2024

Dr. Shrikant Bhasi …. Applicant

IN THE MATTER BETWEEN:-

Dr. Shrikant Bhasi …. Petitioner

V/s.

Union of India

Through the Principal Secretary & Ors. …. Respondents

Mr. Shadab Jan a/w Adv. Nidhi Faganiya & Adv. Nishin Shrikhande i/by

Vidhi Partners, for the Applicant.

Mr. Y. R. Mishra a/w Adv. S. T. Singh, for the Respondent No.1-UOI.

Mr. Karan Sanghavi i/by Cyril Amarchand Mangaldas, for the Respondent-

SBI.

Mr. Nikhil Hire h/f Mr. Kuldeep S. Patil, for the Respondent-CBI.

CORAM : BHARATI DANGRE &

SHYAM C. CHANDAK, JJ.

DATED : 24th DECEMBER, 2025

P.C. :-

1) Present Interim Application filed in the aforesaid Writ Petition,

seeks direction to permit the Applicant/Petitioner to travel abroad i.e., to

Singapore, Dubai and Colombo from 08/01/2026 to 22/01/2026 as per the

itinerary annexed at Exhibit – U.

2) Heard learned Counsel for the respective parties.

3) We have perused the Application. It states that the

Applicant/Petitioner is desirous to travel abroad to attend business meetings

1/4

::: Uploaded on - 24/12/2025 ::: Downloaded on - 01/04/2026 18:40:13 :::

P.H. Jayani

904 IAL41743.2025.doc

to explore fundraising opportunities, etc.

The learned Counsel for the Respondents opposed the

Application.

4) The Application deserves to be entertained in the wake of the

interim directions issued by the Apex Court in Special Leave to Appeal (C)

Nos.17194 and 17230/2024 raising a challenge to the Order passed by the

Division Bench where it held that the Bank has no power to issue a Look Out

Notice and the Apex Court, by way of an interim Order, has directed the

Applicant/Petitioner who is desirous of traveling abroad to approach the High

Court and obtain requisite permission.

5) It is in the wake of the aforesaid circumstances, the Application is

filed seeking the requisite permission with a specific pleading that, earlier, on

several occasions, the Applicant was permitted to travel abroad on furnishing

his itinerary of travel and accordingly, he had travelled abroad and returned

back to India within the timeline that was specified.

6) In view of the above and the observations in the earlier Orders,

we are inclined to allow this Application and pass the following Order :-

(a) The Applicant is permitted to travel to travel to

Singapore, Dubai and Colombo from 08/01/2026 to

22/01/2026 strictly in accordance with the Schedule for travel –

Exhibit – U for business purposes.

2/4

::: Uploaded on - 24/12/2025 ::: Downloaded on - 01/04/2026 18:40:13 :::

P.H. Jayani

904 IAL41743.2025.doc

(b) The Applicant shall file an undertaking in this

Court within three working days setting out a detailed itinerary

of the above travel including the airline tickets, addresses of the

hotels where he would be staying during the above travel, along

with other contact details. This undertaking shall also state that

the Applicant shall return to India on 22/01/2026.

(c) The Applicant shall also file another undertaking

within three working days stating that he would not apply for

renewal and/or extension of this Order until he returns to India.

(d) Both the aforesaid undertakings shall also be

furnished to the Advocate for Respondent - Bank before the date

of departure.

8) Subject to the above conditions, the Look Out Circular issued by

the Respondent No.2 (Bureau of Immigration) at the instance of Respondent

No.3 - State Bank of India against the Applicant/Petitioner is suspended upto

22/01/2026.

9) The Immigration Authorities at all Ports of Departure including

all Airports will permit the Applicant’s/Petitioner’s passage and allow him to

take his flights out of the country irrespective of whether the Respondent

No.3 (State Bank of India) and/or Respondent No.4 (Central Bureau of

3/4

::: Uploaded on - 24/12/2025 ::: Downloaded on - 01/04/2026 18:40:13 :::

P.H. Jayani

904 IAL41743.2025.doc

Investigat