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KALROCK CAPITAL
Jalan-Kalrock Consortium eyes control of Jet Airways by year endThe consortium on August 31 deposited Rs 100 crore as part of its payment plan to lenders which amounts to Rs 350 crore. Another tranche of...- Jalan-Kalrock Consortium appoints Jatinderpal Singh Dhillon as accountable manager for Jet AirwaysJalan-Kalrock Consortium, the winning bidder for Jet Airways, has appointed Jatinderpal Singh Dhillon as the airline's accountable manager....
- Jalan Fritsch consortium moves SC over Jet Airways employees' duesThe appeal filed by counsel Avinash B Amarnath said the appellate tribunal had dismissed the consortium's plea to cap its payment liability...
- Sanjiv Kapoor to remain CEO-designate of Jet AirwaysIn October 2020, the airline's committee of creditors (CoC) approved the revival plan submitted by the consortium of Dubai-based Murari Lal...
- Kalrock says probes into investor Fritsch have no impact on Jet Airways dealAsset manager Kalrock Capital Partners said on Monday that probes into its investor Florian Fritsch have no impact on its acquisition of In...
- Jet investor Fritsch's property raided in LiechtensteinPolice investigators in the small Alpine principality are evaluating the confiscated evidence from the raids conducted on Oct. 26, Liechten...
- 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 2.0 gets security clearanceIn a letter, an official conveyed “security clearance for change in shareholding pattern” in the airline. The new owners of Jet, a consorti...
- 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...
- 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...
- NCLT gives green signal for Jet revivalThe National Company Law Tribunal on Tuesday approved a plan to revive the defunct Jet Airways submitted by UK’s Kalrock Capital and the UA...
- NCLT approves resolution plan by Kalrock Capital and Murari Lal Jalan for Jet AirwaysThe bench presided by judicial members - Janab Mohammed Ajmal and V Nallasenapathy had reserved its order after hearing all parties, includ...
- Slot allotment issue expected to be resolved soon: Jet Airways' stakeholders tell NCLTAccording to them, there were two meetings held between the winning bidders for Jet Airways -- UAE-based businessman Murari Lal Jalan and U...
- 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 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 ...
- Committee of creditors approve Kalrock-Jalan consortium's resolution plan for Jet AirwaysThe resolution professional in charge of Jet, Grant Thornton's Ashish Chhawchharia, confirmed the same to ET. Jet stopped operating in Apri...
- Kalrock-Jalan consortium proposes Rs 1,000 cr investment in Jet; equity to lendersThis puts the consortium ahead of the other one in the fray, comprising of Haryana-based Flight Simulation Technique Centre, Mumbai's Big C...
- Jet Airways shares hit upper circuit. Here's whyJet Airways stopped operations in April last year due to a cash crunch and piling debt.
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