India’s Top Court Orders Liquidation of Bankrupt Jet Airways
Jet Airways, once India‘s second-biggest carrier, is to be liquidated, the country’s Supreme Court ruled Thursday, ending a tumultuous five-year insolvency resolution saga for the bankrupt airline.
Jet Airways to be liquidated
Supreme Court order puts troubled airline Jet Airways out of its misery after insolvency lasting nearly five years
Jet, Set, Gone: Supreme Court Clips Jet Airways' Revival Wings
It appears to be the end of the road for one of India's marquee brands. Jet Airways took on Air India to offer world-class domestic and international services, until it went bankrupt in 2019 after its debt exceeded Rs 7,
Supreme Court orders Jet Airways to go into liquidation
Jet Airways is set for liquidation after the Supreme Court found its bankruptcy resolution plan unfulfilled. The airline has been embroiled in legal battles since its bankruptcy in 2019.
India’s Supreme Court orders Jet Airways liquidation over failed resolution plan
The Supreme Court of India has ordered the liquidation of Jet Airways, ending any hopes of bringing back the once-prominent Indian airline.
Supreme Court orders liquidation of grounded Jet Airways' assets
The Supreme Court (SC) on Thursday exercised its extraordinary constitutional powers and ordered the liquidation of grounded air carrier Jet Airways' assets. A bench of Chief Justice DY Chandrachud an
Jet Airways Liquidation Ordered by SC: Story So Far
The Supreme Court on Thursday ordered liquidation of grounded Indian airline Jet Airways, after finding National Company Law Appellate Tribunal (NCLAT) judgment was in flagrant disregard of the the top court's January 2023 judgment.
India's Supreme Court orders Jet Airways liquidation, cites resolution plan failures
The apex court order came after the resolution plan approved by the National Company Law Appellate Tribunal (NCLAT) was not implemented for over five years
Supreme Court Orders Liquidation Of Jet Airways Over Failed Resolution Plan
The Supreme Court has ordered the liquidation of Jet Airways, overturning the NCLAT’s decision to approve the airline’s resolution plan and ownership transfer to the Jalan Kalrock Consortium (JKC). The court cited the interests of creditors,
End of road for Jet Airways as Surpeme Court orders liquidation of airline
I n a significant ruling on November 7, the Supreme Court directed the liquidation of grounded airline Jet Airways, marking the end of efforts to revive the carrier through its re
SC orders liquidation of debt-ridden Jet Airways
A bench of Chief Justice of India Dhananjaya Y Chandrachud and justices JB Pardiwala and Manoj Misra upheld a plea by the State Bank of India (SBI) and other creditors
Jet Airways liquidation: Story of rise and fall of what used to be India’s largest, best airline
The writing had been on the wall for Jet Airways, which ceased operations five years ago. On Thursday, the Supreme Court ...
Bankrupt regional airline begins liquidation process
But the financial impact of expanding too fast soon befell the airline, and it filed for bankruptcy in 2019 after struggling ...
Mint1h
Mint Quick Edit Jet Airways’ failed take-off: An IBC let-down
That confusion prevailed for so long over its revival plan reflects poorly on India’s bankruptcy process. Revival hopes for ...
1.48 Lakh Jet Airways Retail Shareholders' Fate Uncertain After Liquidation Order
The fate of around 1.48 lakh retail shareholders who hold around 20 per cent stake in the beleaguered Jet Airways remains ...
Sunset for once-storied Jet Airways as turbulent insolvency flight ends
Jet Airways, once a leading Indian airline, is no more. The Supreme Court ordered its liquidation after years of financial ...
How Jet Airways ran into turbulence
The Supreme Court on Thursday ordered the liquidation of Jet Airways under the Insolvency and Bankruptcy Code (IBC). The top ...