ED attaches properties of Jet Airways, Naresh Goyal family in money laundering case
Goyal has been in ED custody since September 1 under the Prevention of Money Laundering Act and is currently lodged in Mumbai's Arthur Road jail.
Goyal has been in ED custody since September 1 under the Prevention of Money Laundering Act and is currently lodged in Mumbai's Arthur Road jail.
Jet Airways founder Naresh Goyal has been sent to 10 days of Enforcement Directorate custody by a special PMLA court…
Naresh Goyal, the founder of Jet Airways, was arrrested by the Enforcement Directorate (ED) on Friday night in connection with…
The Jalan-Kalrock Consortium, which is the resolution applicant for the cash-strapped Jet Airways, has successfully secured the renewal of the air operator certificate (AOC) for the airline from the Directorate General of Civil Aviation (DGCA).
The Central Bureau of Investigation (CBI) registered an FIR against the Chairman of Jet Airways, his wife and others on Friday in an alleged bank fraud of Rs 538 crore.
The approval for the extension comes after the CIRP failed to make any headway during the mandated 180-day period.
Sanjay Gulati went to a protest march held outside a city court on Monday morning and had been under stress because of his deposit being stuck with the bank.
Two days before Jet Airways went public with a share offering in 2005, the government allowed it to operate international routes.
Justice Suresh Kait said no interim relief can be granted at this stage and added that he may deposit Rs 18,000 crore guarantee if he wants to travel to a foreign country now.
The cash-strapped company became the first domestic airliner to go into bankruptcy after the NCLT admitted an insolvency petition filed by SBI on behalf of 26 lenders on June 20.
