invoked the court’s plenary powers under Article 142 of the Constitution to direct the airline into liquidation in compliance ...
The Supreme Court has ordered the liquidation of Jet Airways after the Jalan Kalrock Consortium, the winning bidder, failed ...
invoked the court’s plenary powers under Article 142 of the Constitution to direct the airline into liquidation in compliance with the Insolvency and Bankruptcy Code (IBC) of 2016.
After a consortium failed to revive the grounded airline, the Supreme Court has ordered the liquidation of Jet Airways. The ...
Jet Airways, “thought fit and necessary to direct for liquidation” by Supreme Court, is the second major airline to fall post GoFirst. The top court said that the resolution plan is no longer capable ...
NCLAT had allowed the cash-strapped Jet Airways' ownership transfer to the Successful Resolution Applicant (SRA) without complete payment following the resolution plan. The case is related to the ...
Using its extraordinary power under Article 142 of the Constitution to do complete justice, the bench said, 'We direct ...
The Jet Airways revival saga finally came to an end on Wednesday with the Supreme Court ordering the liquidation of the ... Article 142 of constitution and direct that corporate debtor (Jet ...
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Jet Airways was one of the most successful private enterprises that emerged after the liberalization of India’s economy in ...
In a major development in the Jet Airways insolvency saga, the Supreme Court on Thursday ordered the grounded airline’s ...