https://www.taxtmi.com/caselaws?id=465995 The right to travel abroad under Article 21 is subject to restriction by procedure established by law, and a look-out circular may be issued in exceptional cases where departure would be detrimental to India's sovereignty, security, integrity, strategic or economic interests, or the larger public interest. Applying that standard, the Court found the borrower had defaulted on overseas credit facilities from an Indian public sector bank, had executed guarantee and indemnity documents, and was at risk of evading creditors. It held that the bank's strategic interest was linked to national economic interest, making the circular valid. The appeal failed and interference with the circular was declined. en-us Thu, 24 Aug 2023 00:00:00 +0530 Mon, 19 Jan 2026 16:52:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=465995 The right to travel abroad under Article 21 is subject to restriction by procedure established by law, and a look-out circular may be issued in exceptional cases where departure would be detrimental to India's sovereignty, security, integrity, strategic or economic interests, or the larger public interest. Applying that standard, the Court found the borrower had defaulted on overseas credit facilities from an Indian public sector bank, had executed guarantee and indemnity documents, and was at risk of evading creditors. It held that the bank's strategic interest was linked to national economic interest, making the circular valid. The appeal failed and interference with the circular was declined. Case-Laws Indian Laws Thu, 24 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=465995