With regard to details concerning ensuring that defaulters do not flee to foreign country, the Ministry of External Affairs (MEA) has informed that in case requests are received from agencies concerned for revoking or suspending passports of defaulters, the same is carried out expeditiously in MEA. Further, in order to deter economic offenders from evading the process of Indian law by remaining outside the jurisdiction of Indian courts, Government has introduced the Fugitive Economic Offenders Bill, 2018 in Parliament. The bill provide for attachment of property of a fugitive economic offender, confiscation of such offender’s property, and disentitlement of the offender from defending any civil claim. In addition, with a view to enable banks to inform relevant authorities of passport details, if need arises.
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