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IBC rules under review after scrapping of JSW Steel's BPSL acquisitionIndia is examining its insolvency rules after a Supreme Court ruling. The review focuses on adherence to processes and timelines by stakeho...- NCLAT grants partial relief to Jet bidder JKC on terms of paymentThe Jalan-Kalrock Consortium, which won the bid for Jet Airways, has received a month's extension for payment of Rs 100 crore and adjustmen...
- Jet CoC agrees to a 30-day extension but differs on modeThe bench wanted the JKC senior counsel to satisfy if the performance bank guarantee could be used as a security for the Rs 350 crore to be...
- NCLAT asks JKC to file an affidavit for extension; JKC says will deposit Rs 100 crore by August 31, CoC says not enoughThe counsel for JKC argued that they were ready to deposit Rs 100 crore by August 31 and another Rs 100 crore by September 30. Meanwhile, t...
- Jalan Kalrock Consortium seeks more time to pay Rs 350 cr to Jet Airways’ lendersThe NCLAT has asked the Jalan Kalrock Consortium to file an application stating the conditions for seeking an extension to make payments to...
- NCLAT refuses to issue notice in Ace Aviation case against Jet AirwaysThe National Company Law Appellate Tribunal Thursday refused to issue notice in the appeal filed by Ace Aviation to enforce the sale of thr...
- Jet Airways' CoC asks Jalan Kalrock Consortium to pay Rs 350 croreBankrupt airline Jet Airways's CoC has asked the Jalan Kalrock Consortium to pay Rs 350 crore. The CoC said that they may not pursue the ap...
- Videocon Industries RP invites expressions of interest by February 2Venugopal Dhoot promoted Videocon Industries was admitted for resolution by NCLT in June 2018. It has verified secured creditors’ claims of...
- Jet Airways resolution process: MoCA, DGCA say no deemed approvals for slotsNCLT is considering the resolution plan submitted by Kalrock-Jalan Consortium for the airline. The plan has already been approved by the Co...
- 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 ...
- Jet Airways insolvency resolution professional seeks fresh EoI for defunct airlineThis is the fourth time that EoI has been invited for Jet Airways, which was shuttered last year.
- Jet Airways CoC meeting on Wednesday"We wish to inform that the eleventh meeting of CoC of Jet Airways is scheduled to be held on May 6, 2020," the airline said in a filing to...
- NCLT allows 90 days' extension for Jet Airways insolvency processJet Airways' resolution professional had last week filed an application in NCLT seeking 90 days' extension for the insolvency process of th...
- Jet Airways Resolution Professional seeks 90 days extension for bids from NCLTThe committee of creditors (CoC) had on February 18 set the new deadline of March 10 for submission of bids for the grounded airline after ...
- Jet Airways stock hits lower circuitThe stock was locked in lower circuit on the BSE and the NSE at Rs 18.05 and Rs 17.70, respectively.
- 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...
- Jet lenders to seek fresh Expression of Interest for the carrierThe decision to call for fresh bids was taken after a team from Russia's Far East Asia Development Fund along with Enso Group met the Commi...
- Jet Airways: CoC decides to extend deadline for bids to March 10Mumbai-headquartered Enso Group has reportedly been roped in by the fund to find an Indian partner to form a consortium that would later pu...
- 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 Airways headquarter owner, lenders reach settlementCommittee of creditors reaches agreement with Luckystar Property to settle Siroya Centre dispute out of court.
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