https://www.taxtmi.com/caselaws?id=780740 HC suspended the Look-Out-Circular issued against the foreign-resident petitioner during the pendency of the petition, subject to stringent conditions to safeguard investigators' legitimate interest. The Court noted the petitioner is a US citizen resident abroad who had sought virtual examination, had been issued summons, and was prevented from leaving India after arriving to visit family. Balancing investigation needs against the petitioner's liberty and professional obligations, HC held indefinite restriction unjustified absent determination of accused status and directed suspension of the LOC while ensuring measures to secure the petitioner's availability. en-us Mon, 03 Nov 2025 00:00:00 +0530 Wed, 05 Nov 2025 08:35:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780740 HC suspended the Look-Out-Circular issued against the foreign-resident petitioner during the pendency of the petition, subject to stringent conditions to safeguard investigators' legitimate interest. The Court noted the petitioner is a US citizen resident abroad who had sought virtual examination, had been issued summons, and was prevented from leaving India after arriving to visit family. Balancing investigation needs against the petitioner's liberty and professional obligations, HC held indefinite restriction unjustified absent determination of accused status and directed suspension of the LOC while ensuring measures to secure the petitioner's availability. Case-Laws Companies Law Mon, 03 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780740