VINAY MITTAL & ANR. vs BANK OF BARODA & ORS.

IN THE HIGH COURT OF DELHI AT NEW DELHI % Judgment Delivered on: 15.04.2025 W.P.(C) 4781/2024 & CM APPL. 19524/2024 VINAY MITTAL & ANR. .....Petitioners Through: Mr. Amol Sinha, Mr. Kshitiz Garg, Mr. Rahul Kochar and Mr. Ankit Kumar, Advs. versus BANK OF BARODA & ORS. .....Respondents Through: Mr. Santosh Kumar Rout, Standing Counsel with Mr. B.N. Mishra and Ms. Shilpa Chaurasia, Adv. for R-1. Mr. Amit Tiwari, CGSC for UOI. Mr. O.P. Gaggar and Mr. Sachindra Karn, Adv. for R-4. CORAM: HON'BLE MR. JUSTICE VIKAS MAHAJAN JUDGMENT VIKAS MAHAJAN, J (ORAL) 1. The present petition has been filed seeking following reliefs: “a) Issue a writ of certiorari or any other appropriate writ or direction quashing and setting aside the impugned Look Out Circular (which are still not provided to the Petitioners) issued against the Petitioners; xxx xxx xxx c) Award cost of litigation to the tune of Rs. 1 Lac.” 2. Mr. Amol Sinha, the learned counsel appearing on behalf of the petitioners submits that the impugned Look Out Circular (in short ‘LOC’) 3. He submits that the petitioners were only guarantors and not the principal borrowers in the loan availed from the aforesaid banks nor they were part of the