https://www.taxtmi.com/caselaws?id=306498 The court dismissed the writ petitions challenging the Lookout Circulars issued by two banks, emphasizing the petitioner's liability to repay substantial loans and the banks' duty to recover public funds. The decision highlighted the balance between the petitioner's right to travel and the obligation to repay public debts, especially when significant sums are at stake, impacting the national economy. The court advised the petitioner to address the alleged wrongful issuance of the Lookout Circulars with the bank authorities. en-us Fri, 12 Feb 2021 00:00:00 +0530 Fri, 03 Feb 2023 21:13:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=306498 The court dismissed the writ petitions challenging the Lookout Circulars issued by two banks, emphasizing the petitioner's liability to repay substantial loans and the banks' duty to recover public funds. The decision highlighted the balance between the petitioner's right to travel and the obligation to repay public debts, especially when significant sums are at stake, impacting the national economy. The court advised the petitioner to address the alleged wrongful issuance of the Lookout Circulars with the bank authorities. Case-Laws Indian Laws Fri, 12 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=306498