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Writer's pictureThe Bulletin Desk

NCLT likely to begin Jet Airways resolution plan hearing today.


The National Company Law Tribunal (NCLT) is likely to begin hearing the resolution plan of Jet Airways for approval on Tuesday, said the Resolution Professional of Jet Airways, Ashish Chhawcharria.

Last year in October, the creditors of Jet Airways approved a resolution plan submitted by a consortium of UK-based Kalrock Capital and UAE-based businessman Murari Lal Jalan.

On Monday, the NCLT dismissed pleas of at least five employee associations of Jet Airways including Cabin Crew Association, JAMEWA and NAG for sharing the resolution plan of the airline with its employees.

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