Bombay HC quashes ED’s case on Naresh Goyal of Jet Airways

MUMBAI: In a win for founder chairman of Jet Airways Naresh Goyal and his wife Anita Goyal, Bombay high court on Thursday quashed a money laundering case filed by Enforcement Directorate (ED) against them and all pending proceedings relating to it.

In January. the HC bench of Justices Revati Mohite Dere and Prithviraj Chavan had restrained the ED from taking coercive steps against the Goyals while hearing their plea to quash the Enforcement Case Information Report (ECIR) dated February 20, 2020. It said the probe and proceedings were illegal and contrary to law. On Thursday, after hearing a rejoinder to ED’s arguments, Justice Dere and Chavan held in Goyal’s favour and quashed proceedings under the Prevention of Money Laundering Act (PMLA). The reasoned order will follow.