O R D E R

% 20.08.2024

1. The present petition seeks quashing of the Look Out Circular1 issued at the instance of Respondent No. 4/ Indian Overseas Bank against the Petitioner.

2. Mr. Saurabh Kirpal, Senior counsel for the Petitioner, puts forth the following contentions:

2.1. The Petitioner is a reputable professional who has worked with various Corporates over the last 40 years of his professional career including

1 “LOC/ Impugned LOC”

W.P.(C) 9247/2019 Page 1 of 10 Hyderabad Industries Ltd.; HMV; and Super Cassettes Ltd. The Petitioner has earned a credible reputation as a professional for himself through the years, which is now in jeopardy because of the Impugned LOC.

2.2. The Petitioner is married and has three grown children, each of whom live abroad. The Petitioner was scheduled to travel to Canada on 21st August, 2019 late night/22nd August, 2019. After checking in at the Delhi International Airport, the Petitioner was stopped at Immigration and was informed of the said LOC which had been issued against him and the immigration stamp was cancelled ‘without prejudice’ on the Petitioner’s passport. Petitioner thereafter learnt that Respondent No.4/Respondent Bank had sought issuance