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Bombay HC grants interim relief to Naresh, Anita Goyal from SBI action

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jstysr.com

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newsletter@jstysr.com

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Thu, Jun 9, 2022 09:27 AM

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The Bombay High Court has directed SBI to not take any action against Naresh Goyal and his wife, Ant

The Bombay High Court has directed SBI to not take any action against Naresh Goyal and his wife, Antia, who were former promoters of Jet Airways. Bombay HC grants interim relief to Naresh, Anita Goyal from SBI action The Bombay High Court, while granting interim relief to former promoters of Jet Airways, Naresh Goyal and his wife Anita Goyal, directed the State Bank of India (SBI) to not take any action under criminal laws until further orders.The bench of justices SV Gangapurwala and Madhav Jamdar granted SBI two weeks to file their reply to the pleas filed by the Goyals individually. Goyals had moved the high court, challenging a decision by the SBI to club their accounts with the airline they founded in the list of 'fraud accounts'. The petition filed by Naik Naik & Co stated that due to a certain ‘wilful default’ by the airline in repaying the credit, SBI had initially declared the airline as a fraud account. [Read more]( If you would prefer not receiving our emails, please [Click Here](

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