Industrialist Yash Birla gets HC nod to travel to UK, Egypt

May 30, 2023 15:02

Yash Birla. File pic

The Bombay High Court has permitted industrialist Yashovardhan Birla, who is facing several cases of fraud and money laundering, to travel to the United Kingdom and Egypt till July 1, noting that he was not a flight risk or likely to abscond.

A vacation bench of Justices Abhay Ahuja and Milind Sathaye on May 26 suspended the Look Out Circular (LOC) issued against Birla till July 1 and directed the immigration authorities to permit him to pass through immigration and board his flight.

The court, while granting Birla permission to travel only to Egypt and UK, noted that he has travelled and returned to India on many occasions and has complied with all the conditions imposed on him.

The applicant (Birla) has abided by the terms and conditions imposed on him during earlier travels abroad and has his family in India, the court said.

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