Jet Airways Insolvency: JKC withdraws plea to put Rs 200 cr in escrow after NCLAT refuses relief dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.
The Jalan Kalrock Consortium (JKC) withdrew its plea before the NCLAT to move Rs 200 crore to an escrow account after the tribunal, headed by Chairman Justice Ashok Bhushan, refused relief. The matter is pending in the Supreme Court, and ownership transfer issues continue for the grounded Jet Airways.