IN THE HIGH COURT AT CALCUTTA
SHAMPA SARKAR, AJAY KUMAR GUPTA
Debanjan Hazra – Appellant
Versus
Serious Fraud Investigation Office – Respondent
Judgment :
Ajay Kumar Gupta, J.
1. This intra-court appeal has been filed challenging the Judgment and order dated 13.02.2026 passed by the Learned Single Judge in WPA2772 of 2026.
2. The learned Single Judge, rejected the prayer for setting aside and/or quashing the Look Out Circular (in short ‘LOC’) issued in respect of the appellant, upon request by the Serious Fraud Investigation Office (in short SFIO).
3. The case run by the appellant in the writ petition was that, he is a citizen of India, but a non-resident and a chemist by profession. He had been appointed as an Assistant Manager at Elder Pharmaceuticals Limited (hereinafter referred to as ‘Elder’). He continued in such post till 2009. Thereafter, he was employed with Cell Life Therapeutics Pvt. Ltd., Cerberus Venture Pvt. Ltd., AR Printing and Packaging Pvt. Ltd., AR Printpack Ltd. and Stone Sapphire Pvt. Ltd. In the year 2013, he left India and moved to China. He joined Shanghai Shitai Co. Ltd. He eventually joined AD Global Limited in 2014 in Shanghai, and ever since then, he had been employed with the said company. He married a Chinese national and has two children. His elderly parents reside in Kolkata, and he frequently v
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