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Jet Airway s creditors, staff to get Rs 1,183 cr in 5 years from Kalrock-Jalan consortium The consortium will pay the money from internal accruals, sale of assets of Jet Airways and cashflow after the resumption of operation. BusinessToday.In | February 23, 2021 | Updated 22:23 IST Jet Airways was admitted to the National Company Law Tribunal (NCLT) in June 2019 for insolvency proceedings. The consortium of Kalrock Capital and UAE-based entrepreneur Murari Lal Jain will pay Rs 1,183 crore over five years to employees, workmen and financial creditors of Jet Airways. Jet Airways was admitted to the National Company Law Tribunal (NCLT) in June 2019 for insolvency proceedings. The defunct airlines Committee of Creditors had approved Kalrock-Jalan consortium s resolution plan last year.

Murari lal jainEtihad airwayNational company law tribunalJet airwaysMumbai courtCommittee of creditorsKalrock capitalJet airwayEconomic timesKalrock jalan consortiumJet airways kalrock jalan consortiumமுராரி லால் ஜெயின்எத்திஹத் காற்று வாங்கிதேசிய நிறுவனம் சட்டம் தீர்ப்பாயம்ஜெட் வானெறிக்குழுப்பெயர்மும்பை நீதிமன்றம்