NCLT approves Jalan-Kalrock consortium's plan for Jet Airways
Shortpedia
Content Team
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The National Company Law Tribunal (NCLT) on Tuesday cleared the resolution plan of Kalrock Capital and entrepreneur Murari Lal Jalan for the revival of the bankrupt Jet Airways. The NCLT has given 90 days to the Director-General of Civil Aviation (DGCA) and the Aviation Ministry to allot slots to the airline. Jet Airways' operations were suspended in April 2019.
