Supreme Court: Vacancies From Resignations under CUSAT Act Must Follow Communal Rotation  ||  Supreme Court: Forest Land Cannot Be Leased or Used For Agriculture Without Centre’s Approval  ||  Supreme Court: Gravity of Offence and Accused’s Role Must Guide Suspension of Sentence under CrPC  ||  Supreme Court: Arbitral Awards Cannot be Set Aside For Mere Legal Errors or Misreading of Evidence  ||  SC Acknowledges Child Trafficking as a Grave Reality and Issues Guidelines to Assess Victim Evidence  ||  Allahabad HC: When Parties Extend an Agreement by Conduct, The Arbitration Clause Extends Too  ||  Supreme Court: Issues of Party Capacity and Maintainability Must Be Decided by Arbitral Tribunal  ||  Supreme Court: Omissions in Chief Examination Can Be Rectified During Cross-Examination  ||  Supreme Court: Items Given by Accused to Police Are Not Section 27 Recoveries under Evidence Act  ||  Gujarat High Court: Waqf Institutions Must Pay Court Fees When Filing Disputes in State Tribunal    

NCLT Extends Jet Airways' Insolvency Resolution by 90 Days as Bidders Seek Time - (23 Dec 2019)

INSOLVENCY

National Company Law Tribunal has approved extension of Jet Airways insolvency resolution period by 90 days. The Committee of Creditors sought extension of corporate insolvency resolution process of Jet Airways from the Mumbai bench of the NCLT in view of South America's Synergy Group wanting more time for due diligence and two new interests being shown for the grounded airline.

Tags : NCLT   JET AIRWAYS  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved