Jet Airways founder Naresh Goyal. (Photographer: Goh Seng Chong/Bloomberg News)

Jet Airways Case: Deposit Rs 18,000 Crore To Fly Abroad, Delhi High Court Tells Naresh Goyal

The Delhi High Court on Tuesday refused to allow Jet Airways (India) Ltd.’s founder Naresh Goyal to go abroad and sought response from the central government on his plea challenging a lookout circular issued against him.

Goyal may deposit Rs 18,000 crore guarantee if he wants to travel abroad now, said Justice Suresh Kait, adding that no interim relief can be granted to him at this stage.

The court was hearing Goyal's plea challenging the lookout circular issued against him on the grounds that as on May 25, when he was de-boarded from a flight to Dubai, no criminal case was registered against him.

Goyal said he came to know of the lookout circular on May 25 when he and his wife, Anita Goyal, were deplaned from a flight to Dubai with an onward connection to London.

Also read: Keep Jet Airways Headquarters Out Of Resolution Plan, HDFC Tells NCLT 

Bloomberg Quint

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