https://www.taxtmi.com/caselaws?id=801141 Creditor-requested Look Out Circulars cannot be used as coercive debt-recovery measures against personal guarantors. The rights to movement and overseas travel under Articles 19 and 21 may be restricted only by law or a competent judicial order and cannot be waived through private guarantee arrangements. An unexecuted debt recovery certificate and pending personal-guarantee proceedings, without fraud allegations, criminal process, or a travel-restraint order, do not provide a lawful basis for continued foreign-travel restrictions. Requiring guarantors to disclose travel plans to creditors lacks legal basis and may intrude on privacy. Each travel prevention under such a circular creates a fresh cause of action, preventing delay and laches from barring challenge. en-us Thu, 01 Oct 2026 00:00:00 +0530 Fri, 16 Oct 2026 05:20:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=801141 Creditor-requested Look Out Circulars cannot be used as coercive debt-recovery measures against personal guarantors. The rights to movement and overseas travel under Articles 19 and 21 may be restricted only by law or a competent judicial order and cannot be waived through private guarantee arrangements. An unexecuted debt recovery certificate and pending personal-guarantee proceedings, without fraud allegations, criminal process, or a travel-restraint order, do not provide a lawful basis for continued foreign-travel restrictions. Requiring guarantors to disclose travel plans to creditors lacks legal basis and may intrude on privacy. Each travel prevention under such a circular creates a fresh cause of action, preventing delay and laches from barring challenge. Case-Laws IBC Thu, 01 Oct 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=801141