{"id":288236,"date":"2019-08-22T04:44:32","date_gmt":"2019-08-22T04:44:32","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=288236"},"modified":"2019-08-22T04:44:32","modified_gmt":"2019-08-22T04:44:32","slug":"nclat-seeks-jet-lenders-response-on-dutch-insolvency-administrators-plea","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/nclat-seeks-jet-lenders-response-on-dutch-insolvency-administrators-plea\/","title":{"rendered":"NCLAT seeks Jet lenders&#8217; response on Dutch insolvency administrator&#8217;s plea"},"content":{"rendered":"<p>The National Company Law Appellate Tribunal (NCLAT) on Wednesday asked the Committee of Creditors (CoC) of Jet Airways if they would coordinate with a Dutch court appointed administrator and accord other equally situated foreign lenders, who were also pursuing insolvency proceedings against the debt-laden airline, the same status as they would to the secured and unsecured financial creditors in India. <\/p>\n<p>A three-member Bench led by Chairperson Justice S J Mukhopadhaya asked the lenders to the airline to file an affidavit within a week detailing whether they would also pay the fees and costs of the Dutch court appointed administrator. The case will be next heard on September 4.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The National Company Law Appellate Tribunal (NCLAT) on Wednesday asked the Committee of Creditors (CoC) of Jet Airways if they would coordinate with a Dutch court appointed administrator and accord other equally situated foreign lenders, who were also pursuing insolvency proceedings against the debt-laden airline, the same status as they would to the secured and unsecured financial creditors in India. A three-member Bench led by Chairperson Justice S J Mukhopadhaya asked the lenders to the airline to file an affidavit within a week detailing whether they would also pay the fees and costs of the Dutch court appointed administrator. The [&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":[135,167,130],"tags":[],"class_list":["post-288236","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/288236","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=288236"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/288236\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=288236"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=288236"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=288236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}