Once the the Mumbai-bench of the tribunal gives the go-ahead, the winning consortium of Jalan and Florian Fritsch can pump in funds requi...Read More
By FPJ Web Desk
Jet Airways' Committee of Creditors has concluded e-voting on the final resolution plans submitted by the two shortlisted bidders.
By Staff Reporter
The court also said that, as observed in another case, only the first informant (Akbar Travels) has the right to be heard in a closure re...Read More
By Bhavna Uchil
Akbar Travels had filed a protest petition against this closure report before the magistrate court.
By Teji Mandi
Three things to know for #TejiMandi investors on 08, October 2020 London-based Kalrock Capital says it has won the bid for Jet Airways Ka...Read More
Around 11 investors have expressed interest in beleaguered Jet Airways (India). This is despite the pandemic and its subsequent curbs tha...Read More
Jet Airways, which suspended services more than a year ago due to cash crunch, has offered two of its Boeing planes for operations under ...Read More
At least 44 companies, belonging to 10 large business groups accounted for bad loans of Rs 34,000 crore of YES Bank, an Indian Express re...Read More
By Free Press Journal
ED raid at Naresh Goyal's residence in Mumbai
They said a criminal case against the former chairman of the airlines has been filed under the Prevention of Money Laundering Act (PMLA) ...Read More
Against this backdrop, the CoC extended the last date of submission of resolution plans to March 9.
A reversal in the pecking order between the two giants had been expected as a crisis over Boeing’s grounded 737 MAX drags into 2020.
The Committee of Creditors (CoC) would seek fresh Expression of Interest (EoI), says the filing. Earlier this month, the National Company...Read More
By FPJ Bureau
The Committee of Creditors (CoC) sought extension of corporate insolvency resolution process (CIRP) of Jet Airways from the Mumbai bench ...Read More
"We direct the committee of creditors to take a decision to float expression of interest (EoIs). We direct them to expedite the process
Earlier, the Hinduja group had considered investing in Jet Airways but later decided against it.
Earlier on September 6, Goyal was subjected to a marathon grilling at the agency's Ballard Pier office.
The former shareholder, Hasmukh Gardi, who initially owned substantial amount of shares in the airlines, now lives in Dubai while his pre...Read More
The airline owes nearly Rs 300 billion ($4.20 billion) to its financial and operational creditors.
In this connection, the investigating agency on Friday carried out searches across 12 locations in Mumbai and Delhi, belonging to Goyal a...Read More