
Bombay HC sets aside BOI’s order classifying Jet Airways’ founder Naresh Goyal’s account as ‘fraud’
“Naresh Goyal is aggrieved by his account being classified as “fraud” by the Bank of India. He has not been served with any order passed by the Bank classifying his accounts as “fraud”. It is therefore evident that the earlier classification of his account by the Bank as “fraud” is without any justification or reasons.”