{"id":268021,"date":"2019-04-04T07:23:57","date_gmt":"2019-04-04T07:23:57","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=268021"},"modified":"2019-04-04T07:23:57","modified_gmt":"2019-04-04T07:23:57","slug":"with-fresh-doubts-arising-over-debt-to-equity-conversion-plan-jet-board-reviews-operations","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/with-fresh-doubts-arising-over-debt-to-equity-conversion-plan-jet-board-reviews-operations\/","title":{"rendered":"With fresh doubts arising over debt-to-equity conversion plan, Jet board reviews operations"},"content":{"rendered":"<p>The Jet Airways board met late Wednesday evening to review an update on its operations and consider the resolution plan that has been drawn up for the airline.<\/p>\n<p>The meeting came a day after the Supreme Court on Tuesday set aside the Reserve Bank of India\u2019s circular on a revised framework for the resolution of stressed assets.<\/p>\n<p>On February 14, the Jet Airways board agreed to a plan wherein the lenders, led by State Bank of India, would take over the airline\u2019s debt and convert it into 11.4 crore shares for just \u20b91. But the Supreme Court\u2019s latest judgment could stall the plan.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Jet Airways board met late Wednesday evening to review an update on its operations and consider the resolution plan that has been drawn up for the airline. The meeting came a day after the Supreme Court on Tuesday set aside the Reserve Bank of India\u2019s circular on a revised framework for the resolution of stressed assets. On February 14, the Jet Airways board agreed to a plan wherein the lenders, led by State Bank of India, would take over the airline\u2019s debt and convert it into 11.4 crore shares for just \u20b91. But the Supreme Court\u2019s latest judgment could [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-268021","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/268021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=268021"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/268021\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=268021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=268021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=268021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}