Dutch bankruptcy administrator moves NCLAT on Jet Airways matter
Dutch bankruptcy administrator Friday moved the National company Law Appellate Tribunal (NCLAT) on the Jet Airways matter, which has agreed to hear the case here.
A three-member NCLAT bench headed by Chairman Justice S J Mukhopadhaya also asked the Dutch bankruptcy administrator to assist in the insolvency proceedings of Jet Airways going in India.
Dutch insolvency court administrator has agreed before the NCLAT not to sell the confiscated assets of debt-ridden Jet Airways.
NCLAT has also issued notice to the consortium of Jet Airways lenders directing them to file their reply within two weeks.
