In a significant judgement passed on 12th February, 2021 the High Court of Karnataka dismissed the writ petitions filed by NRI businessman Dr. B.R. Shetty, who was the guarantor of the loan amount of Rs.2800/- crores extended by the Bank of Baroda (BOB) and the Punjab National Bank (PNB) to the companies promoted by him. The writ petitions were filed against the Bureau of Immigration as well as the Foreign Regional Registration Officer (FRRO) of the Ministry of Home AffairsIn a significant judgement passed on 12th February, 2021 the High Court of Karnataka dismissed the writ petitions filed by NRI businessman Dr. B.R. Shetty, who was the guarantor of the loan amount of Rs.2800/- crores extended by the Bank of Baroda (BOB) and the Punjab National Bank (PNB) to the companies promoted by him. The writ petitions were filed against the Bureau of Immigration as well as the Foreign Regional Registration Officer (FRRO) of the Ministry of Home Affairstaxmann.com Latest ArticlesRead More
