New Delhi, July 20
The insolvency professional managing the affairs of Jet Airways has sought initial bids for the bankrupt airline till August 3.
The once-storied carrier shuttered its operations on April 17 and lenders moved the National Company Law Tribunal (NCLT) to recover dues in June.
Under the insolvency proceedings, Expression of Interest (EoI) for the airline can be submitted till August 3 and the list of prospective applicants would be issued on August 6, according to a public notice.
The final applicants would be asked to submit their resolution plans by September 5.
As per the notice, resolution plan would be submitted to the NCLT for approval on September 20.
Claims worth Rs 24,887 crore have been received by the insolvency resolution professional. PTI
CAG says it’s laden with toxic chemicals, heavy metals
Faridkot RTA blocks over 500 ‘dubious’ driving licences
Mohali admn challans 50, impounds 18 during roadworthiness c...
Was arrested by Haryana Police from Delhi airport
Officials check 140 vehicles; 48 challaned, nine impounded
4 kids were charred to death after their van caught fire in ...