The founder of Jet Airways Naresh Goyal and his wife Anita Goyal on Saturday were taken into custody when they were on their way to London, the United Kingdom, from Mumbai's Chhatrapati Shivaji International Airport (CSIA).
The checked-in baggage, which was in the name of Anita Goyal, was also offloaded from the flight. "It was learnt that they were in Mumbai, following which a decision was taken to write to the MHA for issuance of the LoC", said a senior government official in the know of the details.
It is learnt the couple were told that they can not leave the country.
Indian judicial officials said that a lookout circular has been put out against the Jet Airways founders.
It is not clear if this action was taken on specific request by any agency.
Local media, citing sources, reported earlier this month that the ministry of corporate affairs had been looking into Jet's books and had asked for a corporate fraud investigation into the airline, suspecting that its promoters siphoned off funds.
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The airline announced that it was suspending operations on April 17.
Naresh Goyal, along with Anita Goyal, had resigned from the board of Jet Airways, which he founded 26 years ago, in March following a debt restructuring plan. In April, Jet Airways officers and staff association president Kiran Pawaskar had written to the Mumbai police commissioner demanding that passports of Goyal and other directors of the airline be impounded as the staff had not been paid salaries for several months.
Jet, which once operated around 120 aircraft, owes over Rs 8,000 crore to a consortium of lenders led by the state-run State Bank of India (SBI).
Since the time, Goyal stepped down from his post as chairman and airline operations were discontinued, we were asked to restrict them from flying overseas, said a source. Etihad Airways was among four bidders.
While Jet Airways is yet to issue a statement, an Emirates spokesperson in a statement said, "Emirates is co-operating fully with the relevant authorities".