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1. The present petition has been filed seeking the quashing of the Look-
Out Circular (LOC) issued against the petitioner.
2. The facts manifest that a FIR No. 218 of 2020 was registered on
16.12.2020 by the Economic Offences Wing, New Delhi, under Sections
406/420/120-B of the Indian Penal Code, 1860, against the petitioner and
other co-accused. The FIR arose out of disputes pertaining to a
Memorandum of Understanding (MoU) executed in 2013 between the
complainant, i.e., Mr. Ashok Sachdev and his associates, and the petitioner’s
This is a digitally signed order.