The National Company Law Appellate Tribunal (NCLAT) on Wednesday dismissed the plea of Jalan Kalrock Consortium (JKC), the successful bidder for Jet Airways, opposing the sale of three aircraft to Ace Aviation.
JKC has now moved the Supreme Court against the sale of aircraft to Ace Aviation.
Ace approached the National Company Law Appellate Tribunal (NCLAT) two weeks ago seeking to expedite the sale of three aircraft in Mumbai in the same case.
“We see no reason to entertain any application in the disposed of the Appeal. If so advised, the Applicants (JKC) may file appropriate application before the Adjudicating Authority for appropriate relief,” the NCLAT said.
