2026 (3) TMI 182

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....SH MEHTA, J. (ORAL) 1. By way of instant writ petition, the petitioners have challenged the respondent's action of issuing lookout circular and continuing with it until today without any reason or rhythm. 2. Mr. Siddhant Kumar, learned counsel for the petitioner submitted that a search was conducted at petitioners' resident so also their business premises on 17.03.2021. In April/May, 2021, a lookout circular was issued that too without intimation to the petitioners. When the petitioners learned about the issuance of said lookout circular, the petitioner submitted a representation dated 19.05.2021 but the same did not find favours of the respondents and letter dated 10.06.2021 was issued by the respondent rejecting the request to lift ....

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.... has interfered with the petitioners' freedom. As and when they plan to go abroad, they have to take permission from Income Tax Department which takes a substantial time. The petitioners are renowned businessmen and have to go abroad on many occasions for their business trips and the circular in turn affects their business rights. 8. Mr. Siddhant Kumar, learned counsel argued that the action of the respondents have, in this way violated petitioners' fundamental rights guaranteed under Article 14, 19(1)G so also Article 21 of the Constitution of India inasmuch as the petitioners have been confined in a way. 9. Mr. Gaurav Gupta, learned Senior Standing Counsel, on the other hand, submitted that so far as the issuance of lookout circular....