The committee of creditors (CoC) of bankrupt airline Jet Airways on Monday agreed to give an extension to the payment deadline to the Jalan Kalrock Consortium till September 30, but differed on the mode.
The JKC sought a one-month extension for payment. However, the National Company Law Appellate Tribunal (NCLAT) wanted the consortium to satisfy how the bank guarantee of Rs 150 crore can be used as security.
