A dozen premises, including Goyal's Mumbai residence, his group companies, their directors and offices of Jet Airways, were searched on Friday
The probe agency has also alleged that Goyal's companies executed several 'colourable transactions' under the guise of selling and distribution expenses
Action is the part of the probe against the airline under Fema, over the signing of a $150-million deal with Etihad Airways in 2014 for a loyalty programme business
The court has sought reply from Centre on his plea challenging a look out circular issued against him
The court was hearing Goyal's plea challenging the LOC issued against him on the ground that as on May 25 when he was de-boarded from a flight to Dubai, no ECIR/FIR was registered against him
When the matter came up for hearing before Justice Vibhu Bakhru, he said that "this matter will have to go before another bench" and directed that it be listed before another judge on July 9
Officials said the ministry would vehemently oppose Goyal's plea seeking permission to travel abroad, especially considering the public interest involved
Even in ruin, Jet retained its one essential brand quality: Dignity
With no clear answer to the question from the authorities, there are two possibilities that may have played out last Saturday
On the direction of Immigration Officials, airline officials offloaded Naresh Goyal and his wife Anita Goyal
The couple was to travel by Dubai-bound Emirates flight EK 507 when the immigration authority denied them permission to fly, they said
The resignation marks the end of an era as Goyal, once ranked as one of India's 100 richest people, who is widely seen as a pioneer in India's fast-growing aviation industry
Goyal is also the founder of the full-service airline, which has been operating for more than 25 years
Since a larger number of its over 100-fleet are grounded leading to drastically curtailed operations, the airline is struggling to prevent a nose-dive somehow
This is the second communication from Goyal in a week and follows a joint statement he issued with Etihad Airways chief executive officer Tony Douglas
Saddled with a billion dollars in debt, Jet has defaulted on loans and has not paid pilots
Jet Airways promoter Naresh Goyal's ambitious strategies and poor execution could cost him control of the airline he founded 25 years ago
The Abu Dhabi-based Etihad in April 2013 invested Rs 2,069-cr in Jet Airways for 24% equity
Things at Jet come a full circle as promoter slowly wrests control from Etihad