2021 (3) TMI 1497

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.... disposed of. W.P.(C) 3374/2021 & CM APPLs. 10253/2021 (for stay) 2. The Petitioner in the present petition is aggrieved by the Look Out Circular (hereinafter, "LOC") which has been issued against him at the behest of the Serious Fraud Investigation Office (hereinafter "SFIO"). 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 November 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 due to his full time employment in Oman ....

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....Ors. [WP(Crl.) No. 1315/2005, decided on 11th August 2010] and various orders including the order dated 29th August 2018 in Nitin Sandesara v. Directorate of Enforcement and Ors. [WP(C) 7559/2017] and the judgment dated 2nd December 2020 in Deept Sarup Aggarwal v. Union of India [WP(C) 5382/2020]. 6. Ms. Acharya further submits that the Petitioner is willing to abide by any conditions that may be imposed by this court, and the Petitioner is ready to report to the Indian Embassy in Oman, as and when required. She submits that the Petitioner has been employed in Oman since 2009, and whenever he has been called for investigation, he has duly reported. Insofar as the urgency qua travel to Oman is concerned, it is submitted that the Petitione....