The Delhi HC on Tuesday said that Naresh Goyal, promoter of the now-grounded Jet Airways, cannot be allowed to travel abroad without submitting a bank guarantee for Rs 19,000 crore. Justice Suresh Kumar Kait turned down Goyal’s plea that he needed to travel to Dubai to arrange funds for the revival of the airline saying the money he was seeking to get could be transferred through RTGS from abroad.
from Times of India https://ift.tt/32fXaMH
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