“The consortium has spent considerable time and expense to revive the airline,” said the person who requested not to be identified. “Though...

Asset manager Kalrock Capital Partners said on Monday that probes into its investor Florian Fritsch have no impact on its acquisition of In...

However, the Jalan-Kalrock Consortium, which has won the bid to acquire the company under the Insolvency and Bankruptcy Code (IBC), cannot ...

The Jalan-Kalrock consortium has sought time until next week for a decision, the same person said. The resolution plan approved by the Nati...

The carrier had on Sunday conducted the first set of three proving flights with 18 people, including the DGCA officials on board, sources s...

The development comes almost seven months after the Mumbai bench of the NCLT approved the Jalan-Kalrock Consortium's resolution plan in Jun...

The new owners of Jet Airways have deferred the commencement of its operations for the fourth time in a year, even as the airline continues...

Once 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 Airways will commence operations in the first quarter next year, even though it continues to be trapped in legal complications. In a pr...

Punjab National Bank (PNB) moved the appellate bankruptcy court on Thursday, seeking a stay on the approval to Jet Airways’ revival plan, p...

The 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...

The Mumbai bench of the National Company Law Tribunal presided by judicial members - Janab Mohammed Ajmal and V Nallasenapathy while allowi...

Senior Counsel, Shyam Mehta, appearing for the DGCA and Ministry informed the Mumbai bench of NCLT that there is no immediate slot availabl...

The tribunal heard the resolution plan submitted by the winning bidder Kalrock-Jalan Consortium for grounded Jet Airways. In January, the t...

The National Company Law Tribunal (NCLT) is hearing the Kalrock-Jalan consortium’s revival plan for bankrupt carrier Jet Airways. The plan ...

The resolution proceedings went on for more than a year before Jet found a new investor in the Jalan-Kalrock consortium. Jet stopped operat...

National Company Law Tribunal (NCLT) has to approve the plan submitted by a consortium of UAE-based investor Murari Lal Jalan and London’s ...