The Bombay High Court issued a directive to the Enforcement Directorate (ED) to submit an affidavit in response to a petition filed by Naresh Goyal, the founder of Jet Airways, challenging his unlawful arrest in connection with a money laundering case linked to a bank loan default.In his plea, Goyal asserted that his arrest was conducted in violation of the provisions of the Prevention of Money Laundering Act (PMLA). He also contested the orders of a special court, which initially remanded him to ED custody and later sent him to judicial remand in jail.During the hearing, Advocate Hiten Venegaonkar, representing the ED, requested additional time to file their response affidavit. Senior counsel Amit Desai, representing the 74-year-old businessman, appealed to the court for an expedited hearing due to his client's advanced age. The division bench of Justices Revati Mohite Dere and Gauri Godse acknowledged the need to allow the opposing party time to reply and noted that Goyal had the option to file for bail. Justice Dere further mentioned that the ED might challenge the maintainability of Goyal's plea in the High Court.The bench scheduled the next hearing for October 6, by which time the ED must file its affidavit.Currently, Goyal is in judicial custody at Arthur Road Jail in Mumbai, following his arrest in the money laundering case related to an alleged fraud of Rs 5.38 billion at Canara Bank. The septuagenarian businessman, formerly at the helm of India's leading private airline, was apprehended by the ED on September 1 and initially placed in their custody until September 14. Subsequently, he was remanded to judicial custody for two weeks.In his plea, Goyal argued that his arrest was arbitrary, unjustified, and conducted without adhering to the proper procedural guidelines outlined by the ED. He sought immediate release.The money laundering case originates from an FIR filed by the Central Bureau of Investigation (CBI) against Jet Airways, Goyal, his wife Anita, and some former company executives of the now-defunct airline. The case is related to an alleged Rs 5.38 billion fraud at Canara Bank, a government-owned lender, which claimed that it had granted credit limits and loans amounting to Rs 848.86 crore to Jet Airways (India) Ltd, with Rs 5.38 billion remaining outstanding.