The deadline for submission of expression of interest (EoI) for the revival of Jet Airways has been extended by a week to August 10.
The last date has been extended as potential bidders sought additional time, resolution professional Ashish Chhawchharia said in an announcement on Saturday. As part of the ongoing resolution process of Jet in the National Company Law Tribunal (NCLT), August 3 was earlier set as the deadline for submission of EoIs from potential bidders.
Jet Airways shut operations on April 17 and was referred to the insolvency court in June as lenders were unable to secure viable investment offers. A fresh process is being carried out to find a buyer under the insolvency rules.
