NCLT allows 90 days’ extension for Jet Airways insolvency process

MUMBAI: The National Company Law Tribunal (NCLT) on Wednesday allowed 90 days’ extension for the corporate insolvency resolution process of Jet AirwaysNSE -3.79 %.

Jet Airways’ resolution professional had last week filed an application in NCLT seeking 90 days’ extension for the insolvency process of the grounded airline after it failed to attract any bidder.