Partly allowed
Anil Bhalla v. Directorate of Enforcement & Anr.
Delhi HCW.P.(C)/16610/2024
Case brief
AI extract
What is this about?
Batch of 33 writ petitions challenging Look Out Circulars issued by banks, investigating agencies and ministries. The Court laid down ten governing principles on issuance, continuation and review of LOCs, quashed the impugned LOCs subject to intimation conditions, and relegated four petitioners with pending chargesheets to the competent courts.
What did the court decide?
LOCs against most petitioners set aside subject to prior itinerary intimation to banks/agencies; four petitioners relegated to competent courts for modification/cancellation of LOCs.