SBI says no decision taken on moving NCLT against Jet Airways

New Delhi, Feb 25 () State Bank of India Monday said no decision has been taken on moving the National Company Law Tribunal (NCLT) against Jet Airways.
On Sunday, officials associated with the lenders and key shareholders said SBI was considering moving the tribunal seeking insolvency proceedings against Jet Airways since it is running out of money for operations.

“Reports have been appearing in the media about decision taken by SBI to refer Jet Airways to NCLT. These are totally speculative and SBI would like to state that no such decision has been taken,” a SBI spokesperson said in a statement on Monday.

Queries sent to SBI and Jet Airways on Sunday regarding SBI considering moving the tribunal had remained unanswered.