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

Kapil Chandna , Last updated: 22 May 2021  
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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
(Others)
Category LAW   Report

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