Jet Airways constituted a seven-member monitoring committee to supervise the defunct airline till the implementation of its resolution plan on June 28, and the panel held its first meeting the same day, the company said in a stock exchange filing on Tuesday.
The seven members include three nominated by successful bidders, three by the financial creditors, and an independent insolvency professional. The company has not revealed the names of the members. A monitoring committee is typically appointed for the smooth implementation of the resolution plan after it is approved by the court.
