A look out notice gets issued against people who allegedly siphoned funds or were involved in serious fraud and irregular transactions. A look out circular is also issued against a person directing the immigration authorities to ensure that he or she does not leave India through an airport or seaport. Indicating a strict stance against economic offenders, the circular sent out to investigating and securities agencies says their “summer vacation needs to stop.”
Jet Airways founder and his wife on May 25 were stopped from leaving the country by immigration authorities at Mumbai airport minutes before their aircraft was about to take off for London via Dubai. However, any specific reason for stopping the Goyal couple from taking the flight could not be immediately ascertained. According to PTI sources, Goyals were travelling for a meeting with executives of Gulf carrier Etihad and the Hinduja Group on revival plan for the now-defunct Jet Airways.
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.
The airline stopped flying from April 17 due to an acute liquidity crisis. Naresh and Anita Goyal had resigned from the board of Jet Airways, which the former founded 26 years ago, in March following a debt restructuring plan.