NCLT approves resolution plan by Kalrock Capital and Murari Lal Jalan for Jet Airways
The Mumbai bench of the National Company Law Tribunal has approved the resolution plan by Kalrock Capital and Murari Lal Jalan for Jet Airways NSE 4.98 % with certain riders.
The successful bidders have been asked to get necessary approvals from relevant authorities within 90 days.
The bench presided by judicial members – Janab Mohammed Ajmal and V Nallasenapathy had reserved its order after hearing all parties, including the successful resolution applicant, lenders, DGCA and others.
