{"id":494831,"date":"2022-05-31T09:02:06","date_gmt":"2022-05-31T03:32:06","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=494831"},"modified":"2022-05-31T09:38:32","modified_gmt":"2022-05-31T04:08:32","slug":"implementation-of-jet-resolution-plan-subject-to-outcome-of-order-nclat","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/implementation-of-jet-resolution-plan-subject-to-outcome-of-order-nclat\/","title":{"rendered":"Implementation of Jet resolution plan subject to outcome of order: NCLAT"},"content":{"rendered":"<p>Insolvency appellate tribunal NCLAT on Monday said the implementation of Jalan-Kalrock consortium resolution plan for Jet Airways would be subject to the outcome of its order over the appeals filed before it.<\/p>\n<p>While hearing a batch of petitions against the NCLT order approving Jet Airways&#8217; resolution plan, a two-member bench of National Company Law Appellate Tribunal (NCLAT) said they would have to abide by the results of the appeals filed before it.<\/p>\n<p>&#8220;We fix these Appeals on July 5, 2022 and make it clear that implementation of the resolution plan shall abide by the result of these Appeals,&#8221; said NCLAT bench headed by Chairperson Justice Ashok Bhushan.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Insolvency appellate tribunal NCLAT on Monday said the implementation of Jalan-Kalrock consortium resolution plan for Jet Airways would be subject to the outcome of its order over the appeals filed before it. While hearing a batch of petitions against the NCLT order approving Jet Airways&#8217; resolution plan, a two-member bench of National Company Law Appellate Tribunal (NCLAT) said they would have to abide by the results of the appeals filed before it. &#8220;We fix these Appeals on July 5, 2022 and make it clear that implementation of the resolution plan shall abide by the result of these Appeals,&#8221; said 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":[135,167,130],"tags":[],"class_list":["post-494831","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\/494831","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=494831"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/494831\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=494831"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=494831"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=494831"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}