https://www.taxtmi.com/caselaws?id=433627 Look Out Circular requests initiated by public-sector bank heads remain subject to the framework's threshold conditions. Detention or departure restrictions require a cognizable offence or, in its absence, exceptional circumstances supported by material showing harm to sovereignty, security, integrity, bilateral relations, strategic or economic interests, or larger public interest. Individual loan default, liquidation, NPA status, debt quantum, returned complaint, forensic allegations and unsubstantiated flight-risk concerns do not alone demonstrate harm to India's economic interests. Without investigation, cognizable-offence material, or intelligence or agency inputs, the request and consequential measures were quashed. en-us Tue, 31 Jan 2023 00:00:00 +0530 Tue, 22 Sep 2026 13:21:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433627 Look Out Circular requests initiated by public-sector bank heads remain subject to the framework's threshold conditions. Detention or departure restrictions require a cognizable offence or, in its absence, exceptional circumstances supported by material showing harm to sovereignty, security, integrity, bilateral relations, strategic or economic interests, or larger public interest. Individual loan default, liquidation, NPA status, debt quantum, returned complaint, forensic allegations and unsubstantiated flight-risk concerns do not alone demonstrate harm to India's economic interests. Without investigation, cognizable-offence material, or intelligence or agency inputs, the request and consequential measures were quashed. Case-Laws Companies Law Tue, 31 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433627