Jet Airways
Supreme Court orders liquidation of Jet Airways as debt resolution fails
08 Nov 2024
The Supreme Court on Thursday ordered the liquidation of Jet Airways in view of the failure to implement the debt resolution plan under some "peculiar and alarming" circumstance.
NCLAT upholds Jalan-Kalrock Consortium’s resolution plan for Jet Airways
14 Mar 2024
The National Company Law Appellate Tribunal (NCLAT) has upheld the debt resolution plan for bankrupt Jet Airways submitted by the Jalan-Kalrock Consortium (JKC)
Jet Airways to fly again
23 Jun 2021
The Kalrock-Jalan consortium is believed to have offered to repay Rs1,183 crore over a period of five years and a 9.5 per cent stake in Jet Airways and 7.5 per cent stake in Jet Privilege to financial creditors against claims of over Rs15,000 crore from various creditors, including Rs5,776 crore by 13 domestic banks and financial institutions led by SBI
