Bankruptcy court, National Company Law Tribunal, decided to admit an insolvency petition against Jet Airways filed by its creditors in an attempt to salvage some of their ownership. The insolvency process will allow lenders led by SBI to sell the company as a whole or sell its assets and bring to an end to weeks of uncertainty over the airline's future.
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Thursday 20 June 2019
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NCLT admits insolvency plea against Jet Airways
NCLT admits insolvency plea against Jet Airways
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