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insolvency

Merely stating person's departure will 'affect country's economic interests' insufficient for LOC: Delhi HC [Read Judgment]
Judiciary
Merely stating person's departure will 'affect country's economic interests' insufficient for LOC: Delhi HC [Read Judgment]

Merely using the phrase that departure of a person will affect the economic interests of the country alone is not sufficient to sustain an LOC, the Delhi High Court has held while hearing a person's challenge to a Look Out Circular issued against him. What is the relation between 'country's economic interests' & Look Out Circular? Find out here.

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