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Apex court to examine JKC's resolution plan for Jet AirwaysThe Supreme Court will review the resolution plan submitted by the Jalan-Kalrock consortium for the takeover of bankrupt Jet Airways. The c...
Jet Airways CoC says NCLAT may withdraw petition if JKC pays Rs 350 croreThe Committee of Creditors (CoC) of Jet Airways said it may not pursue its appeal following the receipt of Rs 350 crore ($47m) from Jalan K...
Jet, set and go? DGCA renews airport operator certificate of Jet AirwaysJalan Kalrock Consortium has successfully obtained renewal for the Airport Operator Certificate (AOC) of Jet Airways from the Directorate G...
Supreme Court not inclined to rule on Bombay High Court's order on SaharaHowever, it kept the two questions open so as to protect the interests of Sahara, saying he can ask for revival of its appeals on these two...
Jet Airways creditors at odds with owners over recovery plan, say sourcesCreditors may approach India's aviation ministry to seek approval to liquidate Jet's assets if there is no resolution on Tuesday in a criti...
Jet Airways owes employees between Rs 3 lakh and Rs 85 lakh. New owners want to pay Rs 23,000 to eachThe cash payment proposed by Kalrock-Jalan for each staffer is a token sum of Rs 11,000 and then Rs 5,100 towards medical reimbursements fo...
Jet Airways creditors set to recoup just 5% of monies owedThe new owners of Jet Airways -- Dubai-based businessman Murari Lal Jalan and Kalrock Capital Management Ltd. in London -- have proposed pa...
NCLT rejects Jet employee unions’ plea to share details of the resolution planThe petitions argued that the employees of the corporate debtor (Jet Airways) are its assets and are interested in its successful resolutio...
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' creditors to meet on ThursdayThe meeting has been scheduled as the revised deadline for submission of bids for the airline, which is undergoing an insolvency process, e...
Hinduja brothers preparing bid for Jet AirwaysThe U.K.-based group, run by brothers Gopichand Hinduja and Ashok Hinduja, plans to submit an expression of interest by the Jan. 15 deadlin...
Jet Airways' creditors decide to seek fresh bidsEarlier this month, the National Company Law Tribunal (NCLT) had directed the CoC to expedite their decision on seeking fresh EoIs in view ...
Jet lenders asked to release interim fundsThe lenders had in-principle sanctioned Rs 63 crore to the RP and SBI, the lead lender, had reportedly already disbursed its portion of Rs ...
NCLAT asks Jet Airways IRP to cooperate with Dutch Court AdministratorJet Airways is facing insolvency proceedings in the Netherlands and was declared bankrupt in response to a complaint filed by two European ...
Jet Airways’ resolution professional receives claims worth Rs 25,000 croreEmployees of Jet Airways, including 'authorised representatives,' have submitted claims totalling over Rs 1,000 crore.
Jet lenders face new headwindsIt has appointed Rocco Mulder as the administrator in the bankruptcy proceedings of the Indian airline company.
JetLite merger: Jet to seek shareholders' nod on April 22Leading carrier Jet Airways will seek the approval of shareholders and creditors on April 22 for the proposed merger of JetLite with itself.