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The Times of India

Business

PTI

Implementation of Jet Airways resolution plan subject to outcome of order, says NCLAT

Jet Airways NCLAT JalanKalrock NCLT New Delhi

NEW DELHI: Insolvency appellate tribunal NCLAT on Monday said the implementation of Jalan-Kalrock consortium resolution plan for Jet Airways would be subject to the outcome of its order over the appeals filed before it.

While hearing a batch of petitions against the NCLT order approving Jet Airways' resolution plan, a two-member bench of National Company Law Appellate Tribunal (NCLAT) said they would have to abide by the results of the appeals filed before it.

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