Mumbai: Jet Airways founder Naresh Goyal has moved the Bombay High Court for bail in a money laundering case on the grounds that both he and his wife were suffering from terminal cancer.

A single bench of Justice NJ Jamadar on Tuesday said it will hear the petition on May 3.

In his petition, Goyal said that the medical conditions of his wife and himself have affected his mental health and as per a psychological report, he is suffering from severe depression.

"As per reports, Goyal is severely depressed and fearful about the future, having suicidal thoughts and a sense of hopeless resignation," the petition said.

The petition said that in the present situation, not allowing Goyal to live with his wife is a gross violation of basic human rights."At the last stage of their lives, when both of them are suffering from a life-threatening condition, they (Goyal and his wife) should have each other as their primary caregivers," the petition said. Should be allowed to assist.

It added that Goyal is currently undergoing chemotherapy, after which he will require a clean, sterile, neat and clean environment and hence cannot be sent back to jail.

"The special court has acted by denying him (Goyal) bail on the ground that mere hospitalization would suffice without understanding the need for post-treatment treatment and the critical condition of his wife," the petition said. "

Goyal was arrested by the Enforcement Directorate (ED) in September 2023 on charges that he had committed money laundering and misappropriation of a loan of Rs 538.62 crore given by Canara Bank to Jet Airways.

His wife Anita Goyal was arrested in November 2023 when the ED filed a charge sheet in the case.The same day, the special court granted him bail considering his age and medical condition.

In February this year, a special court had allowed Goyal to be admitted to a hospital of his choice for a period of two months for medical treatment.

However, the special court had refused to grant bail to Goyal, saying that he was being provided treatment in a hospital of his choice and was being looked after by doctors. The court had also said that Goyal's wife was also undergoing treatment in the same hospital.

Goyal sought bail from the High Court on the merits of the case, saying he has been falsely implicated in a case.Goyal claimed that every rupee of the money received from the Canara ban was used by JIL (Jet Airways India Limited) for legitimate business purposes. He said that he was a non-executive director/chairman of JIL and hence he had no power to manage its day-to-day affairs.

"The allegation that the money was released for illegitimate purposes is prima facie absurd," the plea said.

It said the investigation against him has been completed and the prosecution complaint (chargesheet) has also been filed by the ED and hence his custody is not required.

Goyal said in his petition that his right to life and dignity cannot be abridged or suspended merely because he is accused of an economic offence.