Published on : 04 Nov 2025, 3:38 am 2 min read

The Delhi High Court on Monday suspended the Look-Out Circular (LOC) issued against Inderpreet Singh Wadhwa, former Independent Director of BluSmart Mobility, a company under investigation for alleged financial irregularities linked to the Gensol Group [Inderpreet Singh Wadhwa v Union of India & Ors] .

Justice Swarana Kanta Sharma passed the order after noting that detaining a foreign national indefinitely in India without established culpability would be unjustified.

The Court ordered him to furnish a security of ₹25 crore along with a surety of any of his family members in the sum of ₹5 crore.

He was also directed to cooperate with the investigation and provide details about his itinerary to the Indian authorities.

"The pe

See Full Page