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Jet Airways lenders to take steep haircut on their admitted claims The National Company Law Tribunal on June 22 approved Jalan Kalrock Consortium s resolution plan for the airlines Jalan Kalrock Consortium, the winning bidder for the grounded Jet Airways, will make a total cash infusion of Rs 1,375 crore in the airline and lenders will take a steep haircut on their admitted claims of over Rs 7,800 crore under the approved resolution plan. The National Company Law Tribunal (NCLT) on June 22 approved the consortium’s resolution plan for Jet Airways, which has been undergoing insolvency resolution process since June 2019. The carrier shuttered operations in April 2019.

Jet airwaysPrivilege private ltdCorporate insolvency resolution processJet privilege privateBankruptcy codeஜெட் வானெறிக்குழுப்பெயர்ப்ரிவிலேஜ் ப்ரைவேட் லிமிடெட்பெருநிறுவன நொடித்துப்போனது தீர்மானம் ப்ரோஸெஸ்திவால்நிலை குறியீடு