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Jet Airways case: Setback for JKC as SC directs it to furnish Rs 150 crore bank guarantee in 2 weeks

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.

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Jet Airways case: Setback for JKC as SC directs it to deposit Rs 150 crore in 2 weeks

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.

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Meet billionaire businessman who was once undisputed king of his sector, is now begging for death due to

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.

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No hope, better to die in jail : Jet Airways founder Naresh Goyal breaks down in court - India News

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.

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Year Ender 2023: 10 Good & Bad Events That Defined Indian Aviation This Year

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.

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