{"id":638389,"date":"2024-03-13T11:51:51","date_gmt":"2024-03-13T06:21:51","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=638389"},"modified":"2024-03-13T11:51:51","modified_gmt":"2024-03-13T06:21:51","slug":"nclat-directs-jet-ownership-transfer-to-jalan-kalrock-team","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/nclat-directs-jet-ownership-transfer-to-jalan-kalrock-team\/","title":{"rendered":"NCLAT directs Jet ownership transfer to Jalan Kalrock team"},"content":{"rendered":"<p>The National Company Appellate Tribunal (NCLAT) on Tuesday directed the monitoring committee of Jet Airways to complete the transfer of the airline&#8217;s ownership to Jalan Kalrock Consortium (JKC) within 90 days. It also directed JKC to obtain an air operator&#8217;s certificate within this period. The tribunal also allowed the adjustment of the performance bank guarantee (PBG) of \u20b9150 crore towards the first tranche payment of \u20b9350 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The National Company Appellate Tribunal (NCLAT) on Tuesday directed the monitoring committee of Jet Airways to complete the transfer of the airline&#8217;s ownership to Jalan Kalrock Consortium (JKC) within 90 days. It also directed JKC to obtain an air operator&#8217;s certificate within this period. The tribunal also allowed the adjustment of the performance bank guarantee (PBG) of \u20b9150 crore towards the first tranche payment of \u20b9350 crore.<\/p>\n","protected":false},"author":39,"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-638389","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\/638389","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=638389"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/638389\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=638389"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=638389"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=638389"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}