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KALROCK JALAN
Jet Airways insolvency: NCLAT adjourns hearing to Nov 9Insolvency appellate tribunal NCLAT on Wednesday adjourned the hearing on the Jet Airways matter to November 9 over the issue of transfer o...- Jet Airways insolvency: NCLAT adjourns hearing to Nov 1 as creditors seek more time to file replyLast week, Additional Solicitor General N Venkataraman, representing lenders including SBI and other banks, told NCLAT that there are appre...
- 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-Kalrock committed to revive Jet Airways despite SC setback“The consortium has spent considerable time and expense to revive the airline,” said the person who requested not to be identified. “Though...
- 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...
- 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 successfully conducts proving flights; waiting for AOC: Jalan-Kalrock ConsortiumThe carrier had on Sunday conducted the first set of three proving flights with 18 people, including the DGCA officials on board, sources s...
- NCLAT directs Jalan-Kalrock consortium to share resolution plan details with Jet Airways' workmenThe development comes almost seven months after the Mumbai bench of the NCLT approved the Jalan-Kalrock Consortium's resolution plan in Jun...
- 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...
- Jet Airways to resume operations in the first quarter of 2022Once among India's largest airlines, Jet Airways will resume operations from the first quarter of 2022. This will be the first airline to b...
- Jet to commence operations next March as legal issues continue to plague airlineJet Airways will commence operations in the first quarter next year, even though it continues to be trapped in legal complications. In a pr...
- 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 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...
- 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 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...
- Jet's would be owner also planning airport, airline in UzbekistanThe National Company Law Tribunal (NCLT) is hearing the Kalrock-Jalan consortium’s revival plan for bankrupt carrier Jet Airways. The plan ...
- 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 ...
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