Mumbai: The committee of creditors (CoC) of Jet Airways (India) Ltd on Tuesday approved all resolutions on its agenda including the evaluation criteria for potential bidders of the grounded airline.
Ashish Chhawchharia, the resolution professional appointed by the lenders for the resolution process of Jet Airways, informed the stock exchanges that all resolutions were passed with the required majority.
“…we wish to inform you that the e-voting for the second meeting of committee of creditors of Jet Airways (India) Ltd was concluded at 6:00 pm IST on 6 August, 2019, in accordance with the Regulation 26 of the Insolvency & Bankruptcy Board of India (Insolvency Resolution for Corporate Persons) Regulations, 2016, wherein all the resolutions, including the resolution for the approval of evaluation matrix and request for resolution plan were passed by the CoC with requisite majority,” Chhawchharia said in the statement.
