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Jet Airways Revival Plan

Supreme Court Orders Jet's New Owners to Deposit Rs 150 Crore for Revival Plan - 2024-01-22

Subject : Business

Supreme Court Orders Jet's New Owners to Deposit Rs 150 Crore for Revival Plan

Supreme Today News Desk

The Supreme Court has ordered the Jalan-Kalrock consortium, the new owners of Jet Airways, to deposit Rs 150 crore by January 31st to keep the airline's revival plan afloat. The National Company Law Appellate Tribunal (NCLAT) will decide on the appeals related to the revival plan, including the plea of Airjet Ground Services employees for their dues, by the end of March.

#JetAirwaysRevival #JalanKalrockConsortium #NCLAT

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