{"id":494018,"date":"2022-05-27T10:39:35","date_gmt":"2022-05-27T05:09:35","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=494018"},"modified":"2022-05-27T12:38:49","modified_gmt":"2022-05-27T07:08:49","slug":"jet-airways-staff-association-challenges-airlines-resolution-plan-before-nclat-3","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jet-airways-staff-association-challenges-airlines-resolution-plan-before-nclat-3\/","title":{"rendered":"Jet Airways staff association challenges airline&#8217;s 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":[176,146,130],"tags":[],"class_list":["post-494018","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-deccan-herald-newspapers","category-deccan-herald-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/494018","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=494018"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/494018\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=494018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=494018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=494018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}