Can there be a Look Out Notice/Circular against wilful defaulter in repayment of loan?

Kapil Chandna , Last updated: 22 May 2021 Share Follow on Google News

Yes, the Indian Government on 22ndNovember 2018 through the MHA circular, has empowered the CEOs of public sector banks to request look-out circulars/notice against wilful defaulters and fraudsters even before FIRs are filed against them. The recommendation had been part of the committee headed by f

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Kapil Chandna

Expert Bail & Criminal Defence

Chandna Chandna Associates Team of dedicated, hardworking, experienced, and passionate lawyers to represent clients at Patiala House Courts, Rouse Avenue Court, Saket District Court, Dwarka District Courts, Tis Hazari, Karkardooma, Rohini District Court, Delhi High Court, Supreme Court of India, and all High Co ... Read more

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