Tag: #IndianLaw

Bombay High Court Image

Bombay High Court Overturns Fraud Declaration against Pune Buildtech by Bank of India

October 16, 2024

The Bombay High Court has overturned Bank of India’s decision to label Pune Buildtech Pvt Ltd as ‘fraud’ and declared it null and void, along with the inclusion of the realty firm’s name in any list or communication that blacklisted the company from obtaining institutional credit. In a separate ruling, the court also ordered the […]

Bombay High Court Overturns Fraud Declaration against Pune Buildtech by Bank of Indiamore
Delhi High Court

Delhi High Court Quashes Lookout Circulars Against Supertech Realtors’ Director.

July 18, 2024

The Delhi High Court has nullified the lookout circulars (LoCs) issued against Mohit Arora, director of Supertech Realtors, by the Bureau of Immigration. These LoCs were requested by the Bank of Baroda and Union Bank of India. However, the court clarified that its ruling does not address LoCs issued against Arora at the request of […]

Delhi High Court Quashes Lookout Circulars Against Supertech Realtors’ Director.more