Post by Bar and Bench

The Bombay High Court recently quashed the Bank of India’s decision to classify Jet Airways founder Naresh Goyal’s account as “fraud”. However, the Court clarified that the bank would be at a liberty to issue a fresh show cause notice in the case. Read the Judgment: https://lnkd.in/deycPhZW Goyal was represented by Senior Advocate Sharan Jagtiani with advocates Ameet Naik, Abhishek Kale, Tushar Hathiramani, Shradha Achliya, Pranjal A., Harish Khedkar, Devashish Jagirdar and Ronit Doshi, instructed by Naik Naik & Company - Advocates. Bank of India was represented by advocate Abhinav Chandrachud and advocates Rakesh Singh, Kedar N. and SD Shetty, instructed by MV Kini Law Firm. Another respondent was represented by advocate Huzan Bhumgara with advocates Pradeep Mane and Shubhi Dotiya, instructed by Desai & Diwanji #BombayHighCourt #JetAirways #BankofIndia #Fraud #Legalnews #Legalupdate