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Home / Business / The government will oppose Naresh Goyal's call for summons | India News

The government will oppose Naresh Goyal's call for summons | India News



NEW DELHI: The government intends to challenge Naresh Goyal's petition on the call to him, claiming that the promoter of terrestrial Jet Airways has unpaid Rs 15,000 crore obligations to lenders, employees, and tax authorities, and has not offered a personal or personal corporate guarantee to cover your debts.
While Goyal could not be reached for comments, officials said the government had planned to "strongly oppose" a written prayer filed by him in the Delhi Supreme Court when his presence in India is required and he is considered an aviation risk. The reason is to be heard on Friday by Justice Vibhu Bakhru, a news agency reported.

Sources said the Ministry of Business Affairs ordered a probe from the severe fraud investigation office after adverse reports about Jets operations occurred. SFIO has called Goyal to ask questions next week.
Adequate basis for Goyal to escape land & # 39;
Goyal, government sources, filed the petition after he and his wife Anita were stopped by Mumbai airport authorities after they had boarded an Emirates flight to Dubai. The founder of what was once the largest airline in India has said he had a permanent residence in the UK and Dubai and had to travel to these places to keep the facility alive.
But public sources claimed that a forensic audit of Jets accounts commissioned by lenders led by the State Bank of India had indicated that the airline had overvalued assets except to make "questionable" related transactions. In addition, an inspection by registrars of companies had pointed to financial irregularities, which resulted in MCA ordering an SFIO survey.
"There is more than sufficient reason for him to flee from the country, since he has not offered a corporate guarantee or a personal guarantee and with the principal company going bankrupt, he will remain unaffected," a government source said.
MCA, sources said, is acting in public interest against promoters of Jet Airways, who are now facing insolvency after lenders could not find a buyer.


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