LOCs should not be issued indiscriminately because few persons defrauded banks and fled India: Calcutta High Court

Pertinently, the Court said that deboarding a person from a flight at the last moment based on such an LOC is draconian and uncivilised.
Calcutta High Court
Calcutta High Court

The Calcutta High Court recently said that merely because few persons have defrauded banks and fled from India, banks cannot use the same as a uniform rationale for issuing Look Out Circulars (LOC) in an indiscriminate manner [Manoj Kumar Jain vs Union of India].

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