Jet directors quit citing ‘risk to individual position’
A day after the Supreme Court directed Jalan-Kalrock consortium (JKC), the owners of Jet Airways, to deposit a further Rs 150 crore into an escrow account, two directors of the grounded carrier have resigned citing ‘risk to individual position’ if they have continued on the board.
Rajesh Prasad, non-executive director and Gautam Acharya, whole-time director resigned just a day before their tenure came to an end last week and was on a three-month extension.
