August 13, 2022 18:11 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Sourav Ganguly to lead Indian team in 75th Independence special match. Know more | MS Dhoni has to retire first to participate in overseas league: BCCI | Congress president Sonia Gandhi tests Covid-19 positive again | India at 75: Amit Shah hoists tricolour at home | Jammu and Kashmir govt sacks Salah-ud-Din's son, Bitta Karate's wife, two others over terror links
Jet Airways revival: Jalan Kalrock Consortium to provide detailed response on NCLT approval after written order Jalan Kalrock Consortium
Image Credit:

Jet Airways revival: Jalan Kalrock Consortium to provide detailed response on NCLT approval after written order

India Blooms News Service | @indiablooms | 22 Jun 2021, 09:07 pm

Mumabi/IBNS: The resolution plan submitted by the Jalan Kalrock Consortium for the corporate insolvency resolution of financially beleagured Jet Airways that went out of operations in April, 2019 was approved earlier today by the National Company Law Tribunal (NCLT), Mumbai Bench.

"The Consortium awaits the written order by the National Company Law Tribunal approving the Resolution Plan and shall inform all stakeholders on next steps for the revival of their beloved airline – Jet Airways," the consortium said in a release.

The consortium iterated its commitment to work alongside the Ministry of Civil Aviation, the Directorate General of Civil Aviation and its competitors to put Jet Airways back in the skies.

Read: NCLT approves Jet Airways revival plan, may resume operations by end of calendar year: Report

The consortium said it had an "extremely challenging yet satisfying journey" till now and it wouldn't have been possible "without the continued support of the Committee of Creditors of Jet Airways, the Resolution Professional for Jet Airways, all the Advisors and Consultants of the Consortium and the millions of Jet Airways well-wishers and loyal customers across the Globe."

The consortium will provide a a detailed response on the next steps after studying the written order once issued by NCLT.



Related Images
FOHMA addresses press conference 01 Jan 1970, 05:30 am
Related Videos
PM Modi on Union Budget 2022-2023 01 Feb 2022, 06:28 pm
IBNS Live Business Chat 30 Dec 2021, 05:53 pm