JalanKalrock

Jet airways started its second innings after 2 and a half years.According to the January 13 verdict of the NCLT, the consortium is supposed to make the first tranche of the payment to lenders before May 15, which is four days away. …

According to the revival plan, the consortium proposed a total infusion of Rs 1,375 crore, including Rs 900 crore towards capex and working capital and Rs 475 crore to settle claims of the creditors. Ruchika Chitravanshi reports.…

Mumbai, January 13 The National Company Law Tribunal (NCLT) on Friday approved the transfer of ownership of bankrupt Jet Airways to the Jalan-Kalrock consortium and gave the winning bidder…

Last Updated: January 13, 2023, 15:41 ISTKalrock Capital and UAE-based businessman Murari Lal Jalan were selected by lenders to revive the grounded airline in October 2020.Shares of Jet Airways on Friday surged 5 per cent after the National…

The National Company Law Tribunal (NCLT) on Friday approved the transfer of ownership of bankrupt-Jet Airways to the Jalan Kalrock consortium and gave the winning bidder more time to pay the dues to the creditors. Photograph: Francis…

The development comes almost seven months after the Mumbai bench of the NCLT approved the Jalan-Kalrock Consortium''s resolution plan The National Company Law Appellate Tribunal (NCLAT) on January 20 directed the Kalrock-Jalan…