Look-Out Circular Quashed: Petitioner Cooperated Fully with Investigation, No Risk of Flight Found.

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....The court held that the circumstances for issuing a Look-Out Circular (LOC) were not met in the present case. The petitioner was cooperating with the investigating agency by furnishing documents and responding to queries, and had appeared before the Enforcement Directorate (ED) more than 14 times. The Supreme Court had granted anticipatory bail to the petitioner with directions not to take coercive action, including arrest, and obliging the petitioner to join the investigation when called upon. Given that the petitioner had joined the investigations, was not evading the process of law, and there was no likelihood of leaving the country to evade trial, the grounds for continuing the LOC did not exist. Consequently, the LOC issued against the petitioner was quashed.....