Jet Airways lenders may extend August 3 deadline for EoIs; get four bids Late last month, the resolution professional Ashish Chhawchharia had floated EoIs for selling stake in the airline that stopped flying mid-April. The deadline for receipt of EoIs was kept as August 3.
Jet Airways insolvency: All eyes on banks as they begin voting on the two bids All eyes are on the banks if they will take a decision on the winning bid by October 7, the last working day of Rajnish Kumar, Chairman of SBI, the lead lender to Jet Airways
Jet Airways insolvency: A last minute twist forces lenders to give suitors more time The development comes after the consortium led by Flight Simulation Technique Centre upped its offer. The new deadline is unclear
Jet Airways lenders to meet today. May vote on two final bids While both the suitors have made final tweaks to their proposals and little may separate them, the Kalrock Capital-led consortium is said to have its nose ahead in the race to own Jet Airways
Mumbai court refuses ED’s intervention in Jet Airways police case The two law enforcement agencies are at loggerheads after the city police in June this year closed a cheating case against Jet Airways, promoter Naresh Goyal and his wife Anita.
ED eyes money laundering case against Naresh Goyal and his wife ED claimed in court that the police failed to investigate details of certain offshore accounts provided by the complainant, Akbar Travels of India, in the cheating case. There is evidence of money laundering and it is not a case of business loss as concluded by the police, it argued.