New Delhi: The Delhi High Court is scheduled to hear on Friday a petition filed by former Jet Airways chairman Naresh Goyal seeking quashing of the Look Out Circular (LOC) issued against him.
The circular was issued against Goyal by the Corporate Affairs Ministry after it found several irregularities in the airline company, which had halted operations in April, earlier this year, after running out of cash.
On 25 May, Naresh Goyal and his wife Anita Goyal were denied permission to travel abroad.
