"Floodgate of abuse" would follow if LOC is issued for individual defaults of commercial contracts: Calcutta HC

Calcutta High Court
Calcutta High Court
Published on
3 min read

The Calcutta High Court recently observed that a person can be restrained from leaving the country on the basis of Look-Out-Circulars (LOC) only in exceptional cases, where there is an adverse effect caused to the economic interests of India.

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