JKC Sports makes formal debut with multi-sport ambitionJKC Sports has been launched under Dr. Raghavpat Singhania and Madhav Singhania, aiming to build structured sporting pathways and multi-spo...
Jet Airways Insolvency: Tribunal junks JKC request to transfer Rs 200 croreThe Jalan Kalrock Consortium (JKC), the successful bidder for grounded Jet Airways, withdrew its plea to move Rs 200 crore paid to lenders ...
NCLAT directs Jet ownership transfer to Jalan Kalrock teamThe National Company Appellate Tribunal (NCLAT) directed the transfer of Jet Airways' ownership to Jalan Kalrock Consortium (JKC) within 90...
NCLAT reserves order in Jet Airways ownership transfer caseWhile JKC had transferred Rs 200 crore to the lenders account by September 30, 2023, it had won a favourable order from NCLAT for adjustmen...
NCLAT to wait for the outcome of SC petitions to decide on Jet Airways’ bidder JKC caseThe National Company Law Appellate Tribunal (NCLAT) will decide the status of Jet Airways bidder Jalan Kalrock Consortium after the Supreme...
No more adjournments in Jet Airways case: NCLATJKC’s counsel argued that they are losing on the interest component of the deposited money each day the resolution process gets delayed. JK...
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' lenders want Jalan-Kalrock consortium to reveal source of its fundingLenders to Jet Airways have called on the Jalan-Kalrock consortium, the potential buyers of the airline, to disclose the source of the ₹200...
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...
Jet Airways CoC says NCLAT may withdraw petition if JKC pays Rs 350 croreThe Committee of Creditors (CoC) of Jet Airways said it may not pursue its appeal following the receipt of Rs 350 crore ($47m) from Jalan K...
Jalan Kalrock’s deadlock with Jet Airways’ banks continuesBefore the National Company Law Appelate Tribunal (NCLAT), banks said saying the consortium hasn’t infused any money to repay creditors whi...
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....
Jet Airways zooms after NCLT nod for ownership transfer to JKCThe NCLT on Friday ruled that the winning bidder can be handed over the airline and will be granted six months starting November 16, 2021, ...
Jet Airways: Jalan-Kalrock Consortium not ruling out Supreme Court appealOn October 18 JKC appealed to the National Company Law Tribunal (NCLT) to allow the resolution plan to be implemented, said a person in the...