Search
Passport Act May Get Amended to Prevent Wilful Defaulters from Fleeing
August 11, 2018
To prevent wilful defaulters from fleeing the country, an issue that was largely highlighted after prime alleged defaulter Mehul Choksi earned the citizenship of Antigua, the government is pondering over amending the Passport Act. Under this, wilful defaulters who have outstanding loans above Rs. 50 crores might be barred from travelling overseas without the government’s consent.
The government has set up a committee that’s looking into ways to prevent promoters from fleeing the country in a bid to dodge their financial obligations. It’s comprised of representations from the Enforcement Directorate, Reserve Bank of India (RBI), Central Bureau of Investigation (CBI), and Ministries of Home and External Affairs.
Photo on VisualHunt.com
Important Links:
- MBA from ARU, Anglia Ruskin University (UK): https://new.ask.careers/courses/mba-from-uk-university/
- Post Graduate Diploma in Banking & Finance: https://new.ask.careers/courses/post-graduate-diploma-in-banking-finance/
- Post Graduate Diploma in Digital Marketing: https://new.ask.careers/courses/post-graduate-diploma-in-digital-business/
- Post Graduate Diploma in Integrated Marketing, Advertising & Communication: https://new.ask.careers/courses/post-graduate-diploma-in-advertising-marketing/
- 4-IN-1 Professional Diploma in Banking, Financial Services & Insurance (PDBFSI): https://new.ask.careers/courses/professional-diploma-in-banking-management/
- Professional Diploma in Digital Marketing: https://new.ask.careers/courses/professional-diploma-in-digital-marketing/
- Professional Diploma in Real Estate Management: https://new.ask.careers/courses/professional-diploma-in-real-estate-management/
- Professional Diploma in Photography: https://new.ask.careers/courses/professional-diploma-in-photography/
- Certificate in Business English: https://new.ask.careers/courses/certificate-in-business-english/
- Vadodara: https://new.ask.careers/cities/vadodara/
- Ahmedabad: https://new.ask.careers/cities/ahmedabad/
- Mumbai: https://new.ask.careers/cities/mumbai/
- Lonavala: https://new.ask.careers/cities/lonavala/
- TSCMC: https://new.ask.careers/institutes/tscmc/
- TSCFM: https://new.ask.careers/institutes/tscfm/
Courses
-
testssd
-
testssd
-
testssd
-
testssd
-
testssd
-
Sage Foundation - Professional Diploma in Banking
-
Banking course + Job
-
4-IN-1 Professional Diploma in Banking, Financial Services & Insurance (PDBFSI)
-
3-in-1-management-program
-
MBA from HSNC University (Mumbai, India)
-
BBA from UK University
-
MBA for Executives
-
Certificate in Business English
-
Professional Diploma in Photography
-
Professional Diploma in Real Estate Management
-
Professional Diploma in Digital Marketing
-
4-IN-1 Professional Diploma in Banking, Financial Services & Insurance (PDBFSI)
-
Post Graduate Diploma in Integrated Marketing, Advertising & Communication
-
Post Graduate Diploma in Digital Marketing
-
Post Graduate Diploma in Banking & Finance
-
MBA from ARU, Anglia Ruskin University (UK)
