{"id":463087,"date":"2022-01-21T09:44:49","date_gmt":"2022-01-21T04:14:49","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=463087"},"modified":"2022-01-21T10:00:21","modified_gmt":"2022-01-21T04:30:21","slug":"nclat-directs-jalan-kalrock-consortium-to-share-resolution-plan-details-with-jet-airways-workmen","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/nclat-directs-jalan-kalrock-consortium-to-share-resolution-plan-details-with-jet-airways-workmen\/","title":{"rendered":"NCLAT directs Jalan-Kalrock consortium to share resolution plan details with Jet Airways&#8217; workmen"},"content":{"rendered":"<p>The National Company Law Appellate Tribunal (NCLAT) on Thursday directed the Kalrock-Jalan consortium, the winning bidder for bankrupt Jet Airways, to share portions of the resolution plan pertaining to claims of employees with the airline&#8217;s workmen. The Association of Aggrieved Workmen of Jet Airways NSE -0.17 % (India) Ltd had sought a copy of the approved resolution plan and the latest direction has come on a plea filed by the association.<\/p>\n<p>The development comes almost seven months after the Mumbai bench of the National Company Law Tribunal (NCLT) approved the Jalan-Kalrock Consortium&#8217;s resolution plan in June 2021.<\/p>\n<p>A two-member NCLAT bench, headed by Chairman Justice Ashok Bhushan, said as the consortium&#8217;s resolution plan for the airline has already been approved by the NCLT,<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The National Company Law Appellate Tribunal (NCLAT) on Thursday directed the Kalrock-Jalan consortium, the winning bidder for bankrupt Jet Airways, to share portions of the resolution plan pertaining to claims of employees with the airline&#8217;s workmen. The Association of Aggrieved Workmen of Jet Airways NSE -0.17 % (India) Ltd had sought a copy of the approved resolution plan and the latest direction has come on a plea filed by the association. The development comes almost seven months after the Mumbai bench of the National Company Law Tribunal (NCLT) approved the Jalan-Kalrock Consortium&#8217;s resolution plan in June 2021. A two-member NCLAT [&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":[192,130,136],"tags":[],"class_list":["post-463087","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/463087","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=463087"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/463087\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=463087"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=463087"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=463087"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}