NANDKUMAR YADAVRAO TASGAONKAR vs UNION OF INDIA THROUGH MINISTRY OF HOME AFFAIRS — HCBM20167582026

Case under Reserve Bank of India Act, 1934 Section 1. Next hearing: 29th May 2026.

CNR: HCBM020167582026

Next Hearing

29th May 2026

Filing Number

IA/16757/2026

Filing Date

06-05-2026

Judge

HON'BLE SHRI JUSTICE SHYAM C. CHANDAK , HON'BLE SHRI JUSTICE SHREERAM VINAYAK SHIRSAT

Coram

HON'BLE SHRI JUSTICE SHYAM C. CHANDAK , HON'BLE SHRI JUSTICE SHREERAM VINAYAK SHIRSAT

Bench Type

Division

Judicial Branch

Original

Acts & Sections

Reserve Bank of India Act, 1934 Section 1

Petitioner(s)

NANDKUMAR YADAVRAO TASGAONKAR

Adv. AKSHAY R KAPADIA

VANDANA NANDKUMAR TASGAONKAR

Respondent(s)

UNION OF INDIA THROUGH MINISTRY OF HOME AFFAIRS

THE COMMISSIONER BUREAU OF IMMIGRATION

UCO BANK LIMITED THROUGH ITS BANK MANAGER OF RECOVERY DEPARTMENT

THE WILLFUL DEFAULTER REVIEW COMMITTEE UCO BANK LIMITED.

UNION BANK OF INDIA THROUGH ITS MANAGER

CBI, EO-I, THROUGH SUPERINTENDENT OF POLICE

Hearing History

Judge: HON'BLE SHRI JUSTICE SHYAM C. CHANDAK , HON'BLE SHRI JUSTICE SHREERAM VINAYAK SHIRSAT

29-05-2026

FOR CIRCULATION (O.S)

29-05-2026

FOR CIRCULATION (O.S)

Orders

29-05-2026
HON'BLE SHRI JUSTICE SHYAM C. CHANDAK

Case Summary The Bombay High Court granted permission for Nandkumar Yadavrao Tasgaonkar and Vandana Nandkumar Tasgaonkar to travel abroad on two occasions (June 8-18, 2026 to Japan and July 26-August 7, 2026 to Switzerland) despite Look Out Circulars issued by banks. The court imposed stringent conditions including filing detailed travel undertakings, depositing Rs. 60 lakhs as security, and providing expense affidavits, while suspending the Look Out Circulars for the specified travel periods only. This case analysis is maintained by casestatus.in based on publicly available court records.

casestatus.in Summary

Case Summary The Bombay High Court granted permission for Nandkumar Yadavrao Tasgaonkar and Vandana Nandkumar Tasgaonkar to travel abroad on two occasions (June 8-18, 2026 to Japan and July 26-August 7, 2026 to Switzerland) despite Look Out Circulars issued by banks. The court imposed stringent conditions including filing detailed travel undertakings, depositing Rs. 60 lakhs as security, and providing expense affidavits, while suspending the Look Out Circulars for the specified travel periods only. This case analysis is maintained by casestatus.in based on publicly available court records.

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