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NCLT rejects applications seeking copy of Jet Airways' resolution plan - Vimarsana News

NCLT rejects applications seeking copy of Jet Airways' resolution plan

NCLT rejects applications seeking copy of Jet Airways' resolution plan Jet Airways was grounded on 17 April due to severe cash crunch and for not servicing its debt obligations. (Abhijit Bhatlekar/Mint) . Updated: 23 Feb 2021, 09:04 PM IST PTI The plan was approved after the conclusion of the e-voting on the proposal, Jet Airways Resolution Professional Ashish Chhawchharia had said in a BSE filing Share Via Read Full Story MUMBAI : The National Company Law Tribunal (NCLT) on Tuesday rejected applications filed by various parties seeking a copy of the resolution plan submitted by winning bi...

Stocks to watch: RIL, YES Bank, Vedanta, HDFC Bank, SBI Card, Biocon - Vimarsana News

Stocks to watch: RIL, YES Bank, Vedanta, HDFC Bank, SBI Card, Biocon

Here are the top stocks to track in today's session: Q3 earnings: Reliance Industries, Yes Bank, Gland Pharma, JSW Steel, Oberoi Realty and V-Mart Retail are among 41 companies set to announce their quarterly earnings later today. Driven by a strong rebound in petrochemicals business, and supported by growth in the retail segment, RIL is expected to clock a stellar sequential improvement in its net profit for the December quarter of the current financial year (Q3FY21). SBI Card: SBI Cards and Payment Services reported nearly 52 per cent dip in its net profit to Rs 210 crore in the third qua...

Jet Airways engineers' body files NCLT application for quick resolution - Vimarsana News

Jet Airways engineers' body files NCLT application for quick resolution

The Jet Airways Aircraft Maintenance and Engineers Workers Association (JAMEWA) has filed an application with the NCLT to expedite the insolvency process of the airlines before the end of this month so that it can get 'summer slots'. According to the application filed on Wednesday, "for summer months the international slots will be allocated by the end of January 2021...at present, the corporate debtor's slots, both international and domestic, have been temporally allocated to other airlines." The application said the slots are for take off and landing timings at extremely busy airports su...