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Total 27 results found. Search for [ Jet Airways' Committee of Creditors ]

Results 1 to 21 of 27
Nevin John
New Delhi, October 25, 2019
Columbia's Synergy Group founder, who built the sprawling Latin American conglomerate with his brother Jose, had lost his shipyard and airline businesses because of loan defaults.

September 26, 2019
The National Company Law Appellate Tribunal (NCLAT) has allowed the Dutch court administrator of Jet Airways to attend the Committee of Creditors (CoC) meetings of the debt-ridden carrier

September 10, 2019
Treasury RA Creator, a Russia-based international financial organisation, did not provide enough information about itself to Jet Airways' insolvency resolution professional nor did it deposit the mandatory amount required to seek access to the airline's data. This may disqualify it from bidding for the grounded airline.

New Delhi, September 5, 2019
The final bidders will be eligible to analyse financial data and other crucial documents related to the bankrupt airline, following which they can come up with a resolution plan

Manu Kaushik
September 4, 2019
Three entities have expressed interest. That includes Russian Fund Treasury RA Partners, Panama-based investment firm Avantulo Group and South American conglomerate Synergy Group Corp

September 3, 2019
Jet Airways stock opened 4.91% lower at Rs 37.75 compared to the previous close of 39.70 on BSE. Jet Airways share price has been losing for the last two days and has fallen 9.58% during the period.

September 3, 2019
Jet Airways crisis: Synergy Group Corp which owns a majority stake in Colombian carrier Avianca Holdings, the second-largest airline in Latin America, operates several airlines in South America. Avianca Holdings also has a codeshare partnership with Air India.

New Delhi, September 3, 2019
Jet Airways crisis: This is the third time lenders extended the deadline after August 3 and 10. The third deadline for submission of Expression of Interest (EoI) ended on August 31.

August 26, 2019
The airline's resolution professional Ashish Chhawchharia received an expression of interest from the overseas airline last week, well past the submission deadline of August 10

New Delhi, August 17, 2019
This comes after Eithad Airways, which owns 24 per cent stake in Jet, did not submit Expression of Interest (EOIs) for the stake sale in the bankrupt airline

August 1, 2019

July 20, 2019
Lenders to Jet Airways agreed on Friday to provide some interim financing to the bankrupt airline to help it cover legal and other costs, as resolution experts look to find a potential buyer.

June 10, 2019
If the Mumbai bench of the NCLT, presided over by VP Singh and Ravikumar Duraisamy, admits the petitions filed by Jet Airways' suppliers Shaman Wheels and Gaggar Enterprises on Monday, the grounded carrier's lenders will end up taking a massive hit

June 1, 2019
Lenders have approached the NCLAT to vote against NBCC's bid, as the tribunal had last month barred them from rejecting the offer of the public sector firm

New Delhi, May 27, 2019
Switzerland steps up to share banking info; 11 Indians get notices in a dayAs Switzerland strives hard to re-establish its global financial centre position after clamping down on secrecy walls of its banks, there has been a significant surge in the number of cases where it has initiated process to share information on Indians with Swiss bank accounts and shot off letters to about a dozen such individuals last week itself. At least 11 such notices were issued to Indian nationals on May 21 itse...

May 14, 2019
To a poser, whether he came to derail the resolution plan, Sibal said \"No. I have come here for Rs 2,500 crore (for SCB) and discrimination\"

New Delhi, May 14, 2019
Amazon rolls out machines that box customers orders and replace thousands of jobsIn a latest example of machines replacing humans, Inc is rolling out machines to automate a job held by thousands of its workers: boxing up customer orders. The company started adding technology to a handful of warehouses in recent years, which scans goods coming down a conveyor belt and envelopes them seconds later in boxes custom-built for each item. Amazon has considered installing two machines at d...

May 10, 2019
The National Company Law Tribunal again sought clarity on Rs 600-crore of part-funding committed as internal accruals for the acquisition of Ruchi Soya by Patanjali

April 26, 2019
Earlier, this month, the committee of creditors had moved an application seeking to withdraw the bankruptcy proceedings after the absconding promoters offered a one-time settlement offered

April 3, 2019
Civil Aviation Minister Suresh Prabhu said that the government should not be involved in deals which would be seen or actually result in either favouritism

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