Jet Airways crisis: Synergy gets time till Dec 16 to bid for beleaguered airline
The Committee of creditors (CoC) to Jet Airways on Tuesday broadly agreed to give the Synergy Group, the only entity that evinced an interest in the beleaguered airline, time till December 16 to submit its bid. The proposal was discussed at a CoC meeting on Tuesday, and will be put to vote during the week.
The proposal comes a day after the National Company Law Tribunal (NCLT) asked the Colombia-based group to appear before it and show a bona fide intent to participate in the airline’s resolution by December 3.
