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KALROCK CONSORTIUM
Jet Air bid winners approach SC with new payment planLawyers involved with the process said that they have approached the court to accept this new plan as the consortium is getting funding fro...- 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...
- Jet Airways’ lenders move SC against Jalan-KalrockThe State Bank of India-led consortium of lenders has filed an application with the Supreme Court, seeking the winding up of debt-laden Jet...
- Jet Airways insolvency: Creditors question source of Rs 200 cr deposited by Jalan-Kalrock ConsortiumThe creditors of Jet Airways have raised concerns over the source of Rs 200 crore deposited by the Jalan-Kalrock Consortium, stating that i...
- JKC completes infusion of Rs 350 cr in Jet Airways, says airline will start ops in 2024The Jalan Kalrock Consortium has deposited Rs 100 crore in Jet Airways, bringing their total investment in the grounded carrier to Rs 350 c...
- Jet Airways' lenders claim JKC has not paid a penny, says resolution plan not implemented yetThe lenders of Jet Airways on Friday claimed receiving no money from the Jalan Kalrock Consortium. It also said that the insolvency resolut...
- 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...
- Jet Airways' CoC asks Jalan Kalrock Consortium to pay Rs 350 croreBankrupt airline Jet Airways's CoC has asked the Jalan Kalrock Consortium to pay Rs 350 crore. The CoC said that they may not pursue the ap...
- Jet, set and go? DGCA renews airport operator certificate of Jet AirwaysJalan Kalrock Consortium has successfully obtained renewal for the Airport Operator Certificate (AOC) of Jet Airways from the Directorate G...
- 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....
- NCLT gives Jalan-Kalrock consortium 6 more months to pay & take control of Jet AirwaysThe National Company Law Tribunal (NCLT) on Friday gave Jalan-Kalrock consortium six more months till to make payment and take effective co...
- Jet Airways: No flight plan in sight, lenders may sell 11 aircraftsBankers say the Jalan-Kalrock consortium's failure to pay the required amount even one-and-a-half years after the National Company Law Trib...
- Banks must pay Jet Airways staff's PF, gratuity: Jalan-KalrockOn October 21, the appellate tribunal had directed the consortium to pay gratuity and provident fund to the airline's employees till the da...
- 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 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...
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