NCLT allows Jet Airways to sell office in Bandra Kurla Complex Jet Airways' insolvency resolution professional Ashish Chhawchharia had moved the NCLT to seek approval to sell its third and fourth floor in Godrej BKC building to clear overseas debt to transfer the title of six aircraft under Export-Import Bank of the US to the corporate debtor, which would help in maximising value of the defunct airline.
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.