The Supreme Court on Thursday set aside the National Company Law Appellate Tribunal (NCLAT) order which has allowed cash-strapped Jet Airways ownership transfer to Jalan-Kalrock Consortium (JKC). The apex court order came after the resolution plan approved by NCLAT was not implemented for ov
The National Company Law Tribunal (NCLT) has given the consortium six months from the effective date to pay dues to various creditors and has set November 16, 2022, as an effective date.
Florian Fritsch, promoter of Kalrock Capital Partners against whom regulatory agencies are initiating certain investigations in Liechtenstein, Switzerland, and Austria, said neither Kalrock nor Jet Airways have any connections with the charges and it will have no impact on the acquisition of
New Delhi [India], September 13 (ANI): Jet Airways will start domestic operations in the first quarters of 2022, the Jalan Kalrock consortium, the successful resolution applicant of the airways said on Monday. The airline intends to start its first flight from New Delhi to Mumbai by Q1 2022.