https://www.taxtmi.com/caselaws?id=754852 Discretionary travel relief may be refused during an ongoing serious fraud investigation where the Court finds a prima facie foreign financial base, incomplete disclosure of assets, and a real risk of non-return. In assessing whether to suspend a Look Out Circular and permit overseas travel, the Court treated the stage and seriousness of the SFIO inquiry, the possibility of interference with investigation and trial, and the need to protect national and economic interest as overriding individual convenience. Earlier permissions in other proceedings were not treated as determinative on these facts, and the writ petition was rejected. en-us Wed, 26 Jun 2024 00:00:00 +0530 Tue, 02 Jul 2024 07:50:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754852 Discretionary travel relief may be refused during an ongoing serious fraud investigation where the Court finds a prima facie foreign financial base, incomplete disclosure of assets, and a real risk of non-return. In assessing whether to suspend a Look Out Circular and permit overseas travel, the Court treated the stage and seriousness of the SFIO inquiry, the possibility of interference with investigation and trial, and the need to protect national and economic interest as overriding individual convenience. Earlier permissions in other proceedings were not treated as determinative on these facts, and the writ petition was rejected. Case-Laws Companies Law Wed, 26 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754852