The Mumbai bench of the National Company Law Tribunal (NCLT) on Friday said that it will hear the insolvency case against Jet Airways (India) Ltd. and next progress report by the insolvency resolution professional (IRP), who have been approved by the court to oversee the insolvency proceedings of the airline, on 23 July.
The tribunal said it will issue notice to one of Jet Airways’ lessors and regulator Directorate General of Civil Aviation (DGCA) to appear before it on 19 July. The lessors had sought deregistration of a Boeing 777 aircraft belonging to the airline due to non-payment of dues.
The court-appointed IRP for Jet Airways, Ashish Chhawchharia of Grant Thornton India, through his counsel, asked the tribunal to stall deregistration of the Boeing 777 aircraft since the airline is under moratorium.
