Naresh Goyal Likely To Submit Bid For Stake In Jet Airways: Report

INSUBCONTINENT EXCLUSIVE:
month only.This is being seen as a dramatic comeback, when the former chairman will be chalking out plans to submit an expression of
could at least see some concrete movement with a certain roadmap and prevent any chance of its heading towards National Company Law Tribunal
developments said Mr Goyal was expected to submit an EoI on Thursday but it could not be ascertained if he was joining the fray alone or in
India (SBI) chairman Rajnish Kumar said the buyer could be anyone, a financial investor, an airline
There is no legal bar on anyone with a funding and revival plan in place
on March 25 as part of a deal with lenders
Banks were then expected to bring in Rs 1,500 crore in emergency funding, and then look for a new owner
However, banks have transferred just a small part of the funding of few hundred crores and instead called for an EoI from interested bidders
buyer to "settle" loan obligations of Jet Airways
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