The court has held that in case JKC does not furnish the bank guarantee, the consequences of law will follow. The NCLAT will now have to decide the appeal by State Bank of India challenging the transfer of Jet Airways ownership to JKC by end of March 2024.
The court has held that in case JKC does not furnish the bank guarantee, the consequences of law will follow. The NCLAT will now have to decide the appeal by State Bank of India challenging the transfer of Jet Airways ownership to JKC by end of March 2024.
Born in Punjab's Sangrur, Goyal's initial years were marked by financial struggles. Starting as a cashier at a travel agency when he was 18, he absorbed the intricacies of the travel business.
'No hope, better to die in jail': Jet Airways founder Naresh Goyal breaks down in court - India News financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
India is giving special focus on creating capacity for the country's fast-growing aviation market, by changing its role from a regulator to a facilitator.