Look Out Circular conditionally suspended based on right to travel granted under Constitution

Atul Punj Vs Union of India & Ors. (Delhi High Court) Delhi High Court conditionally suspended Look Out Circular against the director of company involved alleged in financial impropriety based on individual’s right to travel as guaranteed under Article 21 of the Constitution of India. Facts- The Petitioner, formerly a Promoter and Director of Punj Lloyd Limited, impugns the Look Out Circular issued against him at the behest of the Department of Revenue (Respondent No. 1) and the Serious Fraud Investigation Office3 (Respondent No. 2). The LOC, which restricts his international travel, was...