{"id":493820,"date":"2022-05-27T08:48:13","date_gmt":"2022-05-27T03:18:13","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=493820"},"modified":"2022-05-27T09:29:50","modified_gmt":"2022-05-27T03:59:50","slug":"jet-airways-staff-association-challenges-resolution-plan-before-nclat-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jet-airways-staff-association-challenges-resolution-plan-before-nclat-2\/","title":{"rendered":"Jet Airways staff association challenges resolution plan before NCLAT"},"content":{"rendered":"<p>All India Jet Airways&#8217; Officers and Staff Association on Thursday said it has filed an appeal before the NCLAT against Jalan-Kalrock consortium&#8217;s resolution plan for the airline.<\/p>\n<p>In October 2020, the airline&#8217;s Committee of Creditors (CoC) approved the resolution plan submitted by the consortium of the UK&#8217;s Kalrock Capital and the UAE-based entrepreneur Murari Lal Jalan. The plan was later cleared by the Mumbai bench of the National Company Law Tribunal (NCLT).<\/p>\n<p>Last week, Jet Airways&#8217; air operator certificate was revalidated by the aviation regulator DGCA, paving the way for the relaunch of the airline, which was grounded in April 2019 due to financial woes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>All India Jet Airways&#8217; Officers and Staff Association on Thursday said it has filed an appeal before the NCLAT against Jalan-Kalrock consortium&#8217;s resolution plan for the airline. In October 2020, the airline&#8217;s Committee of Creditors (CoC) approved the resolution plan submitted by the consortium of the UK&#8217;s Kalrock Capital and the UAE-based entrepreneur Murari Lal Jalan. The plan was later cleared by the Mumbai bench of the National Company Law Tribunal (NCLT). Last week, Jet Airways&#8217; air operator certificate was revalidated by the aviation regulator DGCA, paving the way for the relaunch of the airline, which was grounded in April [&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-493820","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\/493820","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=493820"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/493820\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=493820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=493820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=493820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}