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Tag: National Company Law Appellate Tribunal (NCLAT)

Jet Airlines’ Successful Bidder Will get Extension To Pay off Rs 350 Crore To Lenders

Posted on August 28, 2023 By admin
Jet Airlines’ Successful Bidder Will get Extension To Pay off Rs 350 Crore To Lenders

Jet Airlines banned flight in April, 2019 (Representational) Pristine Delhi: The Nationwide Corporate Legislation Appellate Tribunal (NCLAT) on Monday prolonged the month until September 30 for the Jalan-Kalrock Consortium to pay Rs 350 crore to the lenders of the now-bankrupt Jet Airlines. A 3-member NCLAT bench authorised the consortium’s request to increase the timeline and…

Read More “Jet Airlines’ Successful Bidder Will get Extension To Pay off Rs 350 Crore To Lenders” »

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