In his plea, Goyal said the day he and his wife were deplaned from the flight, he had scheduled meetings with foreign investors, who had shown interest in infusing funds into Jet Airways. Goyal has also contended that despite several requests, he was not served a copy of the LOC and no first information report was filed against him.
On Tuesday, Goyal’s counsel also told the high court that in order to maintain his non-resident Indian status he must stay away from India for a period of at least 183 days a year. “In the current financial year 2019- 2020, the petitioner has only stayed away from India for seven days. The petitioner only has 9 months remaining to fulfill the minimum requirement of staying away from India for 183 days,” Goyal said in his petition. The court, however, refused to entertain the plea and said that any final order in the case could be passed only after hearing the central government’s stand.
Goyal’s Jet Airways is currently undergoing insolvency proceedings as the Mumbai Bench of the National Company Law Tribunal admitted an insolvency petition filed by the State Bank of India (SBI) on behalf of 26 lenders on June 20. The airline owes over Rs 8,500 crore to a consortium of 26 banks, led by SBI, and over Rs 13,000 crore to the vendors and nearly 23,000-odd employees.
The airline formally stopped flying on April 17 and banks voted for bankruptcy on June 17.