Jet Airways, once India‘s second-biggest carrier, is to be liquidated, the country’s Supreme Court ruled Thursday, ending a tumultuous five-year insolvency resolution saga for the bankrupt ...

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Jet Airways was the first Indian commercial airline to be admitted to bankruptcy court Jet Airways, once India's second-biggest carrier, is to be liquidated, the country's Supreme Court ruled ...

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The Supreme Court on Thursday ordered the liquidation of Jet Airways after determining that the National Company Law Appellate Tribunal’s (NCLAT) ruling violated the apex court’s judgment from January ...

India's Supreme Court has ordered the liquidation of Jet Airways (JAI, Mumbai International) after finding that its prospective buyer, the Jalan Kalrock Consortium (JKC), had failed to abide by the ...

New Delhi: The Supreme Court has ordered the liquidation of Jet Airways’ assets, exercising its special powers under Article 142 to overturn a tribunal's ruling that allowed ownership transfer ...

Since the successful bidder for the airline, the JKC, had failed to comply with the conditions of the resolution plan, the apex court ordered for the liquidation of the airline. Using its special ...

New Delhi, Nov 7 (PTI) In a major development in the Jet Airways insolvency saga, the Supreme Court on Thursday ordered the grounded airline’s liquidation, forfeiture of Rs 200 crore infused by ...

The Supreme Court Thursday ordered the liquidation of Jet Airways under the Insolvency and Bankruptcy Code (IBC) exercising its extraordinary powers under Article 142 of the Constitution. Allowing ...

The Supreme Court ordered the liquidation of Jet Airways, marking a significant development in its insolvency saga. The court criticized the NCLAT's decision, declared 200 crore rupees forfeited, and ...