"Because Of Your Client, Most Borrowers Are Facing LOC's": Bombay HC Tells Vijay Mallya's Counsel In Plea Challenging Economic Offenders Act

Narsi Benwal

16 Aug 2024 8:33 PM IST

  • Because Of Your Client, Most Borrowers Are Facing LOCs: Bombay HC Tells Vijay Mallyas Counsel In Plea Challenging Economic Offenders Act

    The Bombay High Court on Friday said former liquor baron Vijay Mallya had become the 'first cause' for issuances of 'Look Out Circulars' (LOCs) against several borrowers in the country.A division bench of Justices Kalpathi Shriram and Jitendra Jain made the remark while hearing a plea filed by Mallya, challenging the constitutional validity of the Fugitive Economic Offenders Act, 2018. The...

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