The Bombay High Court on Monday granted interim bail for two months on medical grounds to Jet Airways founder Naresh Goyal, who has been arrested by the Enforcement Directorate (ED) in a money laundering case.
A single bench of Justice N J Jamadar said Mr Goyal shall pay a surety of Rs 1 lakh and not leave Mumbai without prior permission from the trial court.
"The applicant (Goyal) shall be released on interim bail for a period of two months. He shall abide by all conditions imposed," the bench said.
The high court also directed Mr Goyal to surrender his passport.
Mr Goyal (75) had sought the interim bail on medical and humanitarian grounds as both he and his wife Anita Goyal are suffering from cancer.
A special court in February refused bail to Mr Goyal but permitted him to be admitted in a private hospital of his choice and seek medical treatment.
Mr Goyal then moved the HC, seeking bail on merits and to be released on interim bail on medical grounds.
Mr Goyal's counsel Harish Salve had urged the court to consider the case on humanitarian grounds.
However, ED's counsel Hiten Venegaonkar opposed the bail and said the agency did not have any problem if Mr Goyal's hospitalisation was extended.
Venegaonkar had submitted that the court may extend Mr Goyal's hospitalisation for a period of four weeks and then call for a fresh medical report to assess his situation.
But Salve said that apart from deteriorating physical health, Mr Goyal's mental health was also not good.
Mr Goyal was arrested by the ED in September 2023 on allegations that he had laundered money and siphoned off loans to the tune of Rs 538.62 crore given to Jet Airways by the Canara Bank.
His wife was arrested in November 2023 when the ED submitted its chargesheet in the case.
She was granted bail by the special court the same day considering her age and medical condition.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
Featured Video Of The Day
Russia And NATO At Loggerheads | India Global Special Broadcast
Court Denies Bail To Jet Airways Founder Naresh Goyal On Health Grounds "Not Life-Threatening": Court Allows Naresh Goyal Hospitalisation For Cancer Court Allows Naresh Goyal To Undergo Medical Examination At Private Hospital Amazon Employee Greets Friend At Wedding, Dies Of Cardiac Arrest TIME Magazine Shares Elon Musk's To-Do List, He Responds This Asian City Is Emerging As Sex Tourism Hub. It's Not Where You Think Check Marking Scheme Of CBSE Class 10 Mathematics Paper Delhi Continues To Breathe Toxic Air, AQI At 371, Trains Delayed Entrepreneurs Pitch Business Ideas Using Zomato CEO's Unique Job Offer Track Latest News Live on NDTV.com and get news updates from India and around the world.