Today, On 11th November, The Bombay High Court granted permanent medical bail to Naresh Goyal in the Enforcement Directorate (ED) case. Earlier, Justice NJ Jamadar granted him interim medical bail to undergo cancer treatment, and the court made this interim order permanent on Monday. Goyal will now be allowed to continue his treatment outside of prison. The decision follows the recognition of his health condition as critical.
Mumbai: The Bombay High Court granted permanent medical bail to Naresh Goyal, the founder of Jet Airways, in connection with a money laundering case.
This decision follows an earlier interim medical bail granted by a single bench of Justice NJ Jamadar, which allowed Goyal to undergo treatment for cancer. The interim order, initially provided on health grounds, has now been made absolute, enabling him to continue his treatment outside of prison.
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Naresh Goyal, a prominent figure in the Indian aviation industry, was arrested in 2019 by the Enforcement Directorate (ED) in connection with alleged financial irregularities tied to Jet Airways. The airline, once India’s largest private carrier, faced a sudden collapse in 2019, with mounting debt and operational failures. Goyal, along with others, was accused of money laundering and financial misconduct, leading to the agency’s investigation.
The Enforcement Directorate alleged that Goyal and his associates had been involved in financial crimes that resulted in significant losses to creditors and investors. The charges against him include money laundering under the Prevention of Money Laundering Act (PMLA), with accusations of siphoning off funds to foreign entities.
Goyal’s legal team submitted that he was battling cancer and required medical attention that could not be provided in custody. In 2023, Goyal granted interim medical bail, allowing him to travel abroad for treatment. His lawyers cited his deteriorating health, including complications arising from cancer treatment, which necessitated specialized care not available in prison.
In its order, the Bombay High Court recognized the severity of Goyal’s medical condition and decided that his continued incarceration under such circumstances would not be justifiable. The court emphasized that the balance between his right to life and liberty and the interests of justice could be maintained by allowing him medical bail.
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While Goyal is now granted permanent medical bail, the legal proceedings in the money laundering case are set to continue. The Enforcement Directorate has not withdrawn the charges, and further hearings will determine the progression of the investigation. The case remains a high-profile matter in the Indian legal and corporate world, with repercussions for corporate accountability and financial misconduct.
The court’s decision to make the interim bail absolute reflects a nuanced approach to balancing the rights of an individual under treatment with the ongoing legal process. As Goyal remains under medical care, the larger case continues to raise important questions about corporate governance, aviation industry regulations, and the broader issue of financial misconduct in India.
Today, his interim medical bail was made permanent.