Debt Debt financing
Share resolution plan info with Jet employees: NCLAT to Jalan-Kalrock
Source Mint (opens in a new tab)
The National Company Law Appellate Tribunal (NCLAT) has directed the Kalrock-Jalan consortium, the winning bidder for bankrupt Jet Airways, to share with the airline's employees the portions of the resolution plan pertaining to their claims. The direction came on a plea filed by the Association of Aggrieved Workmen of Jet Airways (India) Ltd, which had sought a copy of the approved resolution plan.