A Dutch district court-appointed administrator Rocco Mulder on Friday told the National Company Law Appellate Tribunal (NCLAT) that he was ready to give an undertaking that they would not sell the confiscated assets of Jet Airways, including the aircraft standing idle at the Schiphol Airport in Amsterdam.
The NCLAT, while agreeing to hear the Dutch court administrator, also stayed a portion of the National Company Law Tribunal (NCLT) Mumbai Bench’s order that held that Dutch insolvency administrator’s offshore proceeding were not maintainable and hence they could not be allowed to access the airlines’ financial assets in India.
