TaxTMI 
TaxTMI 
2023 (3) TMI 1523
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.... (hereinafter, 'LOC') issued against him by Respondent Nos. 3 and 4 i.e., the Ministry of Corporate Affairs (hereinafter, 'MCA') and the Serious Fraud Investigation Office (hereinafter, 'SFIO') and prays for the same to be quashed. 3. The brief background of the matter is that the Petitioner is a Chartered Accountant who was inducted in the Board of M/s Techpro Systems Limited, as a Non-Executive Independent Director, in the Annual General Meeting dated 26th September 2007. The Petitioner is working in Oman and relocated there on 24th October, 2009. He is stated to have resigned from the post of Independent Director of M/s Techpro Systems Limited on 13th January, 2015 due to his full time employment in Oman and health concerns. In 2017, Co....
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.... Petitioner is concerned, are as under:- (i) The Petitioner is employed in Oman. His certificate of employment has been placed on record and he has been working there since 2009. (ii) The Petitioner's wife and children reside in Delhi NCR. (iii) The Petitioner has several immovable properties in Delhi/NCR, a list of which has been submitted to the SFIO. (iv) The Petitioner has been asked by his employer in Oman to immediately join back duty. XXX 18. There is no criminal case pending against the Petitioner. His role is also yet to be ascertained by the investigating authorities. Phrases such as 'economic interest' or 'larger public interest' cannot be expanded in a manner so as to include an Independent Director who was in ....
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.... of Immigration (BOI) East Block-VIII, Sector-1, RK Puram, New Delhi-110066 Subject: Renewal of existing 'Look Out Circular' (LOC) with partial modification Sir. Please refer to the earlier reference vide file no.- SFIO/INV/TSL/1304/2020 dated 20.01.2021 and email by the undersigned dated 20.01.2021 wherein Look Out Circulars (LOCs) were issued against each of the person present in the below mentioned list in order to prevent them to flee out of the country. Sr. No. Name Date of Birth Father's Name Passport No. X XXX XXX XXX XXX 6. Brij Bhushan Kathuri 11/04/1956 Sobh Raj Kathuri Z3853736 X XXX XXX XXX XXX 2. In this regard, it is requested to retain the LOCs against all the mentioned persons after co....