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NCLAT JET AIRWAYS
Sunset for once-storied Jet Airways as turbulent insolvency flight endsJet Airways, once a leading Indian airline, is no more. The Supreme Court ordered its liquidation after years of financial struggles and fa...- Liquidation of Jet Airways: Are 1.43 lakh retail investors staring at complete losses?India's Supreme Court has ordered the liquidation of Jet Airways after the Jalan Kalrock Consortium, the winning bidder, failed to meet its...
- Supreme Court orders liquidation of Jet Airways on failure of resolution planJet Airways Liquidation: The Supreme Court has ordered the liquidation of Jet Airways, rejecting a takeover bid by Kalrock Capital and Mura...
- SC verdict on Nov 7 on plea against NCLAT order transferring Jet Airways to winning bidderThe Supreme Court is set to deliver its verdict on the fate of Jet Airways, following appeals against a decision to transfer ownership to t...
- SC reserves verdict on plea against NCLAT order transferring Jet Airways to winning bidderThe Supreme Court reserved its decision on an appeal by SBI and other creditors against NCLAT's approval to transfer Jet Airways ownership ...
- Creditors delayed resolution process for Jet Airways, winning bidder tells SCJalan Kalrock Consortium, granted ownership of Jet Airways, claims creditors have delayed the resolution process. The consortium faces Supr...
- 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 ...
- Jet Airways hits 5% upper circuit after NCLAT approves ownership transfer to Jalan KalrockThe appellate tribunal had asked lenders to complete the formalities within 90 days and give control to the Kalrock Consortium. A plea file...
- SC asks new owners of Jet Airways how much they paid towards PF, gratuity dues of employeesThe Supreme Court has raised questions regarding the payment of dues owed to former employees of Jet Airways by the Jalan-Kalrock consortiu...
- Jet Airways bidder pays Rs 100 crore to banks as it nears takeover of bankrupt airlineThe payment comes after the three member NCLAT bench on Monday accepted the plea of the consortium to extend the timeline and also for adju...
- 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 case: NCLAT to pass order on Jalan Kalrock Consortium's plea against SBI on May 30Amid continuing differences between lenders of bankrupt-Jet Airways and the consortium, the appellate tribunal also asked both parties to c...
- NCLAT directs Jet Airways' new owner to clear unpaid provident fund, gratuity duesAllowing a batch of petitions filed by the associations of workmen, Aircraft Maintenance Engineers, Officers and Staff Association and othe...
- Implementation of Jet Airways resolution plan subject to outcome of order, says NCLAT"We fix these Appeals on July 5, 2022 and make it clear that implementation of the resolution plan shall abide by the result of these Appea...
- NCLAT issues notice over PNB's plea against Jet Airways resolution planPNB has challenged the approval of the Resolution Plan by Kalrock-Jalan Consortium on June 22, 2021, by the Mumbai bench of the NCLT. The b...
- Providing jobs to ex-Jet Airways employees not in our domain: GovernmentThe Naresh Goyal-led Jet Airways, which was the largest private carrier at its time, was grounded on April 17 due to financial troubles.
- NCLAT allows Dutch court administrator to attend Jet Airways CoC meetingsA three member NCLAT bench said that the Dutch administrator would be part of the CoC meeting and would be given minutes of the meetings.
- NCLAT asks Jet Airways IRP to cooperate with Dutch Court AdministratorJet Airways is facing insolvency proceedings in the Netherlands and was declared bankrupt in response to a complaint filed by two European ...
- NCLAT asks Jet lenders if they would cooperate with Dutch court administratorA three-member NCLAT bench headed by Chairman Justice S J Mukhopadhyay asked the Committee of Creditors (CoC) of Jet Airways to file an aff...
- Dutch bankruptcy administrator moves NCLAT on Jet Airways matterDutch insolvency court administrator has agreed before the NCLAT not to sell the confiscated assets of debt-ridden Jet Airways.
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