Jet Airways’ CoC Approves Kalrock Capital-Murari Jalan’s Plan to Revive Airline

The other bid was submitted by the consortium consisting of Haryana-based Flight Simulation Technique Centre, Big Charter of Mumbai and Abu Dhabi’s Imperial Capital Investments LLC. The RP is in the process of filing an application in accordance with section 30(6) of the Code for approval of the said resolution plan by the National Company Law Tribunal (NCLT) and intimation of the same shall be given to the members as required, the statement to the BSE stated.

The defunct airlines on Friday had extended the deadline for voting on the resolution plans as only half the lenders had submitted their votes and the remaining had sought time till Saturday evening to submit their votes. The carrier was admitted to the NCLT in June 2019, and the CoC has met 16 times since then.