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India plans to set up a special NCLT bench with trained members to handle cross-border insolvency cases once new rules under the Insolvency...

While JKC had transferred Rs 200 crore to the lenders account by September 30, 2023, it had won a favourable order from NCLAT for adjustmen...

Most of the banks were extremely reluctant to support a resolution plan for Jet Airways, he wrote, while recalling the developments with re...

The petitions argued that the employees of the corporate debtor (Jet Airways) are its assets and are interested in its successful resolutio...

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

The path to Jet’s revival remains long and arduous and will require a fresh business plan with low costs, capital infusion and efficient ma...

The dedicated bankruptcy court has allowed the plea filed by the resolution professional (RP) of Jet Airways seeking an extension of 90 day...

The committee of creditors (CoC) had on February 18 set the new deadline of March 10 for submission of bids for the grounded airline after ...

The crisis-hit carrier is set to undergo a debt resolution whereby lenders will take control and also infuse funds worth Rs 1,500 crore.

Goyal is also the founder of the full-service airline, which has been operating for more than 25 years.

Jet Airways owes lenders led by SBI more than Rs 8,000 crore.

His son beleaguered will represent what remains of his stake after an equity infusion and shareholding rejig.