NCLT Mumbai allows Jalan-Kalrock Consortium to take over Jet Airways

The Tribunal granted an additional six months to the consortium to make payment to lenders including the creditors and employees.
Jet Airways
Jet Airways

The National Company Law Tribunal (NCLT), Mumbai Bench on January 13 allowed the consortium of Murari Lal Jalan and Florian Fritsch, the successful resolution plan applicant, to take over Jet Airways India. [State Bank of India v. Jet Airways India Ltd]

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