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Tag: Jet Airways

Jet Airways founder Naresh Goyal gets four weeks extension on temporary bail 

Posted on July 5, 2024 By admin
Jet Airways founder Naresh Goyal gets four weeks extension on temporary bail 

File picture of Jet Airways founder Naresh Goyal | Photo Credit: PTI The Bombay High Court on Friday has given extension by four weeks to Jet Airways founder Naresh Goyal in a temporary bail that was granted to him in May. Mr. Goyal was arrested by the Enforcement Directorate on September 1, 2023 in a…

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Business

Jet Airways Says Resolution Plan At Implementation Stage, Q4 Result Delayed

Posted on May 30, 2024 By admin
Jet Airways Says Resolution Plan At Implementation Stage, Q4 Result Delayed

Jet Airways said “We wish to state that currently the resolution plan is at the implementation stage” New Delhi: Jet Airways today said there will be a delay in declaring the financial results for the quarter and year ended March 2024, and its monitoring committee expected to meet shortly to consider the results. “We wish…

Read More “Jet Airways Says Resolution Plan At Implementation Stage, Q4 Result Delayed” »

Nation

Resolution plan at implementation stage; FY24 results delayed: Jet Airways

Posted on May 30, 2024 By admin
Resolution plan at implementation stage; FY24 results delayed: Jet Airways

Image for representation. File | Photo Credit: K. Pichumani Jet Airways on May 30 said there will be a delay in declaring the financial results for the quarter and year ended March 2024, and its monitoring committee expected to meet shortly to consider the results. “We wish to state that currently the approved resolution plan…

Read More “Resolution plan at implementation stage; FY24 results delayed: Jet Airways” »

Business

Bombay HC to decide on Goyal’s bail plea on May 6

Posted on May 4, 2024 By admin
Bombay HC to decide on Goyal’s bail plea on May 6

File picture of Bombay High Court | Photo Credit: VIVEK BENDRE The Enforcement Directorate (ED) on Friday opposed interim medical bail sought by Jet Airways founder Naresh Goyal in a money laundering case. ED officials told the Bombay High Court that there is no medical report to show that 75-year-old Mr. Goyal is fit to…

Read More “Bombay HC to decide on Goyal’s bail plea on May 6” »

Business

Jet Airways’ Properties Worth Rs 538 Crore Seized In Money Laundering Case

Posted on November 1, 2023 By admin
Jet Airways’ Properties Worth Rs 538 Crore Seized In Money Laundering Case

The Enforcement Directorate has attached assets linked to Jet Airways case New Delhi: Properties worth over Rs 500 crore have been seized by the Enforcement Directorate in an alleged money laundering case linked to Jet Airways (India) Ltd. The properties include 17 residential flats, bungalows, and commercial buildings registered under the names of companies and…

Read More “Jet Airways’ Properties Worth Rs 538 Crore Seized In Money Laundering Case” »

Nation

Court Orders Probe Agency To Reply To Naresh Goyal’s Plea Challenging Arrest

Posted on September 20, 2023 By admin
Court Orders Probe Agency To Reply To Naresh Goyal’s Plea Challenging Arrest

Mumbai: The Bombay High Court on Wednesday directed the Enforcement Directorate (ED) to file its affidavit in response to Jet Airways founder Naresh Goyal’s plea challenging his “illegal” arrest in a money laundering case linked to bank loan default. Goyal, in his plea, claimed his arrest was illegal as it was done without following provisions…

Read More “Court Orders Probe Agency To Reply To Naresh Goyal’s Plea Challenging Arrest” »

Business

Jet Airlines’ Successful Bidder Will get Extension To Pay off Rs 350 Crore To Lenders

Posted on August 28, 2023 By admin
Jet Airlines’ Successful Bidder Will get Extension To Pay off Rs 350 Crore To Lenders

Jet Airlines banned flight in April, 2019 (Representational) Pristine Delhi: The Nationwide Corporate Legislation Appellate Tribunal (NCLAT) on Monday prolonged the month until September 30 for the Jalan-Kalrock Consortium to pay Rs 350 crore to the lenders of the now-bankrupt Jet Airlines. A 3-member NCLAT bench authorised the consortium’s request to increase the timeline and…

Read More “Jet Airlines’ Successful Bidder Will get Extension To Pay off Rs 350 Crore To Lenders” »

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