Jet Airways former chairman Naresh Goyal on Wednesday said that he has signed on the dotted line to ensure the release of much-needed funds as a part of the bank-led resolution plan. Goyal’s statement comes in the backdrop of funding delays and a day after Supreme Court struck down Reserve Bank of India’s circular on the resolution of stressed assets.
“I have conscientiously taken some hard, personal decisions. In extending my fullest respectful co-operation to the consortium of Indian lenders I have agreed to each and every term and condition laid down by them in a timely manner. I have given all facilitation for the implementation of the resolution plan and signed on the dotted line as required to ensure the release of much-needed funds committed by the lenders in order to secure sustainable future of Jet Airways,” Goyal said.