Jet Airways headquarter owner, lenders reach settlement
MUMBAI: The lenders of Jet AirwaysNSE -4.81 % have approved the settlement with Luckystar Property Holding, the owner of the Siroya Centre, a building that once was headquarters for the grounded carrier.
Luckystar and the committee of creditors (CoC) were in talks since August, when the custodian of airways’ assets informed the National Company Law Tribunal (NCLT) that the airline was willing to vacate its headquarters and another office in Mumbai to resolve its disputes with Luckystar Property Holdings and mortgage lender HDFC Ltd.
