{"id":338030,"date":"2020-02-19T10:47:23","date_gmt":"2020-02-19T05:17:23","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=338030"},"modified":"2020-02-19T11:12:18","modified_gmt":"2020-02-19T05:42:18","slug":"jet-lenders-extend-deadline-till-march-9-for-bid-submission","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jet-lenders-extend-deadline-till-march-9-for-bid-submission\/","title":{"rendered":"Jet lenders extend deadline till March 9 for bid submission"},"content":{"rendered":"<p>With two entities seeking more time, the lenders to Jet Airways have decided to extend the deadline for the submission of resolution plans to March 9.<\/p>\n<p>Enso Group, in a consortium with the Russian government-owned Far East Development Fund, met the Committee of Creditors (CoC) of the debt-strapped airline on Tuesday to express its interest. Prudent ARC also seems to be still in the race to acquire a stake in the airline.<\/p>\n<p>South American conglomerate Synergy Group appears to be out of the race, as it has not put forward a resolution plan.<\/p>\n<p>BusinessLine had reported that Prudent had asked for a month\u2019s deadline extension as it was still evaluating the merits of investing in Jet Airways. The 270-day timeframe prescribed under the Corporate Insolvency Resolution Process (CIRP) will end mid-March.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With two entities seeking more time, the lenders to Jet Airways have decided to extend the deadline for the submission of resolution plans to March 9. Enso Group, in a consortium with the Russian government-owned Far East Development Fund, met the Committee of Creditors (CoC) of the debt-strapped airline on Tuesday to express its interest. Prudent ARC also seems to be still in the race to acquire a stake in the airline. South American conglomerate Synergy Group appears to be out of the race, as it has not put forward a resolution plan. BusinessLine had reported that Prudent had asked [&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-338030","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/338030","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=338030"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/338030\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=338030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=338030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=338030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}