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Total 55 results found. Search for [ jet airways resolution professional ]

Results 1 to 21 of 55
Manu Kaushik
October 21, 2020
Jet Airways will need $1 billion initial working capital, followed by $3 billion over the course of 5-7 years before the airline can break even; it needs to be seen whether the bidders can bankroll these expenses


BusinessToday.In
October 19, 2020
The move to revive and operate the airline comes after the carrier had to suspend operations due to acute fund crunch an year ago


PTI
October 18, 2020
If NCLT allows, Kalrock Capital and Murari Lal Jalan would have to take the airline off the ground again at a time when the aviation industry globally is in financial distress due to the pandemic


BusinessToday.In
October 17, 2020
Resolution professional Ashish Chhawchharia is in the process of filing an application to secure NCLT's approval for the resolution plan by Kalrock Capital-Murari Lal Jalan combine


BusinessToday.In
October 8, 2020
Jet Airways insolvency: The airline stated that the committee of creditors has not yet concluded the e-voting process under Section 30 (4) of the Insolvency and Bankruptcy Code


BusinessToday.In
July 25, 2020
A consortium of Flight Simulation Technique Centre, Big Charter and Imperial Capital Investments LLC is one of the two entities that submitted resolution plans for Jet Airways earlier this week


BusinessToday.In
New Delhi, June 25, 2020
The bidders have been given two weeks' time to review the financial health of defunct Jet Airways and firm up their bids. They have the option to not submit a bid at the end of the due diligence process


PTI
New Delhi, June 14, 2020
The insolvency professional had sought permission of the tribunal for the sale of the premises after a resolution was passed at the 10th committee of creditors (CoC) meeting held on April 24 with approval of 74.45 per cent votes


BusinessToday.In
New Delhi, June 3, 2020
Deadline for corporate insolvency resolution process of Jet Airways has also been extended by more than two months to August 21 to exclude duration of coronavirus lockdown that began on March 25


PTI
May 25, 2020
The deadline for completion of Jet Airways's insolvency resolution process has been extended till August 21 due to the lockdown


BusinessToday.In
New Delhi, May 25, 2020
Coronavirus (COVID-19) Tracker India: Those providing essential services, including media personnel, don't need pass, IDs sufficient. Ambulances and vehicles for essential services will also be allowed


BusinessToday.In
New Delhi, May 22, 2020
\"The revised timeline for completion of the CIRP of Jet is now August 21, 2020, subject to any further extension of the lockdown by the state government of Maharashtra or the Central Government, as the case may be,\" Jet Airways said in an exchange filing


PTI
February 19, 2020
Moreover, a team from Far East Asia Development Fund of Russia along with Enso group met the CoC on Monday and has expressed interest in Jet Airways


BusinessToday.In
January 17, 2020
Share Market Update: Shares of Reliance Industries (RIL), TCS and HCL Tech were trading higher ahead of their quarterly earnings, scheduled for release later in the day.


PTI
December 25, 2019
Corporates' debt dsitress has led to a mostly muted scene on India's corporate deal street this year, after a blockbuster 2018, while economic slowdown fears further came in the way for any significant merger and acquisition deals


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.


PTI
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


BusinessToday.In
New Delhi, September 26, 2019
The Jet Airways Resolution Professional had moved the NCLT on September 20, seeking directions to the banks, who own 51 per cent in the airline since March, to release interim funds


BusinessToday.In
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.


BusinessToday.In
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


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