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Jet Airways: Meet The Airlines' New Owners Jun 22 2021, 5:00 PM June 22 2021, 4:59 PM June 22 2021, 5:00 PM After a resolution process lasting nearly 24 months, insolvent Jet Airways (India) Ltd. has found a buyer.On Tuesday, a consortium of U.K.-based Kalrock Capital Partners and Murari Lal Jalan was approved as successful resolution applicant for the beleaguered airline, by the National Company Law Tribunal. In its order the tribunal asked the government to decide on giving slots to Jet Airways in a way which does not make the resolution... After a resolution process lasting nearly 24 month...

Exclusive: Jet Airways deal will put country's airports at risk © Provided by Zee Business Attempts to take over Jet Airways, which has been shut due to losses, have intensified. The winning bid was made by Jalan-Kalrock consortium, owned by Murari Lal Jalan, an Indian-origin businessman based in Dubai.  The Jalan Group is primarily involved in the construction business. Jalan-Kalrock consortium prepared a resolution plan to take over Jet Airways and in October 2020 and submitted it to Jet Airways Committee of Creditors (CoC). The CoC has given approval to the plan.   See Zee Busines...