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ASHISH JALAN
Jet Airways insolvency: Creditors say Jalan-Fritsch resolution plan unviable, unworkableThe State Bank of India-led lenders on the monitoring committee of debt laden airline Jet Airways on Monday told the Supreme Court that the...- NCLT gives Jalan-Kalrock consortium 6 more months to pay & take control of Jet AirwaysThe National Company Law Tribunal (NCLT) on Friday gave Jalan-Kalrock consortium six more months till to make payment and take effective co...
- Jalan-Kalrock to transfer Rs 130 crore rental earnings to Jet Airways' lendersHowever, the Jalan-Kalrock Consortium, which has won the bid to acquire the company under the Insolvency and Bankruptcy Code (IBC), cannot ...
- Jet lenders threaten insolvency over aircraft rental proceedsThe Jalan-Kalrock consortium has sought time until next week for a decision, the same person said. The resolution plan approved by the Nati...
- Jet Airways defers fresh take-off plans for the fourth timeThe new owners of Jet Airways have deferred the commencement of its operations for the fourth time in a year, even as the airline continues...
- PNB asks NCLAT to stay nod to Jet Airways' revival planPunjab National Bank (PNB) moved the appellate bankruptcy court on Thursday, seeking a stay on the approval to Jet Airways’ revival plan, p...
- Jet Airways: Seven-member monitoring panel to manage airline under resolution planAs per the terms of the approved resolution plan, a seven-member monitoring committee is required to be constituted. Three members each wou...
- NCLT issues written order approving resolution plan for Jet AirwaysA separate order regarding the directions would be issued later by the tribunal.
- Bankruptcy court approves Kalrock-Jalan’s resolution plan for revival of Jet AirwaysThe Mumbai bench of the National Company Law Tribunal presided by judicial members - Janab Mohammed Ajmal and V Nallasenapathy while allowi...
- Hope to see Jet Airways flying again by year end, says airline's resolution professional"We are delighted with the go-ahead to the plan. Certainly, we are quite hopeful of the airline's revival. And if all go well, we hope that...
- NCLT set to rule today on the resolution plan for Jet AirwaysAs per the resolution plan, the successful bidder has proposed a total cash flow of Rs 1375 crore for the revival of the company. The reviv...
- NCLT directs DGCA to file its affidavit on granting slots to Jet AirwaysSenior Counsel, Shyam Mehta, appearing for the DGCA and Ministry informed the Mumbai bench of NCLT that there is no immediate slot availabl...
- NCLT grants more time to DGCA for responding on Jet Airways slotsThe tribunal heard the resolution plan submitted by the winning bidder Kalrock-Jalan Consortium for grounded Jet Airways. In January, the t...
- If all goes well for Kalrock-Jalan consortium, Jet Airways could resume operations by summer next yearThe resolution proceedings went on for more than a year before Jet found a new investor in the Jalan-Kalrock consortium. Jet stopped operat...
- Murari Lal Jalan and Kalrock Capital file revival plan for Jet Airways in NCLTNational Company Law Tribunal (NCLT) has to approve the plan submitted by a consortium of UAE-based investor Murari Lal Jalan and London’s ...
- Jet Airways likely to submit revival plan this weekThe debt-laden airline may sell current A330 and B737 aircrafts and forward payment to creditors, and is likely to propose an upfront payme...
- Jet Airways hits upper circuit after CoC approves resolution plan“The resolution submitted by Murali Lal Jalan and Florian Fritsch has been duly approved by the CoC under Section 30(4) of the Code as the ...
- Government’s announcement of smart cities fires up investor confidence in housing finance major HDFCThe company has raised Rs 2,000 crore via bond sales, double of what it had planned initially, four people familiar with the matter told ET.
- After meeting Chief Minister Prithviraj Chavan, Campa Cola residents give inAfter a three-day standoff over their eviction, residents of Campa Cola compound today finally gave in following the intervention of Chavan...
- Short term rates ease sharply; deals to pick-upFirms which were waiting on the sidelines for the policy announcements can now take advantage of lower rates.
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