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Jet employee association moves NCLAT against Jalan-Kalrock consortium s resolution plan

Jet Airways staff association challenges airline s resolution plan before NCLAT - Jammu Kashmir Latest News | Tourism

MUMBAI, May 26: All India Jet Airways’ Officers and Staff Association on Thursday said it has filed an appeal before the NCLAT against Jalan-Kalrock consortium’s resolution plan for the airline. In October 2020, the airline’s Committee of Creditors (CoC) approved the resolution plan submitted by the consortium of the UK’s Kalrock Capital and the UAE-based entrepreneur Murari Lal Jalan. The plan was later cleared by the Mumbai bench of the National Company Law Tribunal (NCLT). Last week, Jet Airways’ air […]

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