NEW DELHI: Jalan Kalrock Consortium (JCK) said it has deposited Rs 100 crore in Jet Airways in less than 48 hours of the National Company Law Appellate Tribunal (NCLAT) allowing implementation of the revival plans.
“With this infusion, JKC has now invested Rs 250 crore in Jet Airways and now is only required to fund the remaining Rs 100 crores in Jet Airways by September 30, 2023, to take control of the airline,” the consortium said in the statement. Out if that Rs 150 crore is the bank guarantee that it had paid to banks.
