Naresh Goyal plays his last card for Jet moneycontrol.com
In a dramatic twist to the Jet Airways saga, founder Naresh Goyal filed an expression of interest (EoI) for a stake in the ailing carrier just in the nick of time before the deadline for submissions ended on Friday. Goyal was recently ‘nudged’ to quit as chairman and director of Jet Airways so that a revival plan could be worked out. The lenders are clearly not happy with Goyal’s bid and have asked for legal advice on the matter. The issue raises an important question – if Goyal had the money or access to money why did he not bail the company out in the first place. Reports say a Delaware entity, Future Trend Capital along with Adi Partners, a London-based firm, are willing to take a bet on Naresh Goyal.
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