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NCLAT affirms transfer of Jet Airways' ownership to Jalan Kalrock Consortium; to be transferred within 90 days

NCLAT affirms transfer of Jet Airways' ownership to Jalan Kalrock Consortium; to be transferred within 90 days
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Jet Airways gets second wind: NCLAT upholds handover to Jalan-Karlock consortium

Jet Airways gets second wind: NCLAT upholds handover to Jalan-Karlock consortium
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NCLAT approves transfer of ownership of Jet Airways to Jalan Kalrock Consortium

The appellate tribunal directed lenders to effect the transfer in 90 days from today. It asked JKC to obtain an air operator's certificate by the end of this window.

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NCLAT upholds the transfer of ownership of Jet Airways to Jalan Kalrock Consortium

NCLAT upholds the transfer of ownership of Jet Airways to Jalan Kalrock Consortium
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Jet Airways case: SC dismisses Jalan Kalrock's plea on new payment plan

The consortium in its application had said that if the court permits the release of the existing bank guarantee, the amount will be infused to the designated share application account of the lenders.

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