Jet Airways Jet Airways lenders, led by the State Bank of India (SBI), have moved the Supreme Court challenging the National Company Law Appellate Tribunal (NCLAT) order upholding the resolution plan proposed by the Jalan-Kalrock Consortium (JKC) for the bankrupt airline.A Bench of Chief Justice of India DY Chandrachud and Justice JB Pardiwala issued notice on the plea and listed the matter for hearing on Friday, April 26 on the request of Senior Advocate CS Vaidyanathan, appearing for the…
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Category: Jet Airways
Jet Airways’ lenders move SC against NCLAT decision to uphold resolution plan
New Delhi: The lenders of Jet Airways, led by State Bank of India, have challenged a National Company Law Appellate Tribunal’s (NCLAT) decision that upheld the resolution plan proposed by the Jalan-Kalrock consortium for the bankrupt airline.
In its order last month, the NCLAT had directed the airline’s…
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Anand Mahindra On Ex Jet Airways CEO-Designate Over Dubai Rains
Sanjiv Kapoor reposted Mr Mahindra’s post on Dubai rains and said, “Incorrect analogy.”Dubai recently experienced an unprecedented weather event as heavy rain swept through the city. It affected air travel and caused flooding on the streets throughout the United Arab Emirates, halting normal activities. The state-run weather agency said it was a “historic weather event” and Dubai had not seen such rain in 75 years. Amid this, Mahindra Group Chairman Anand Mahindra’s and Ex Jet Airways…
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Dubai vs Mumbai: Ex Jet Airways CEO-Designate Counters Anand Mahindra Over Rain Post – NDTV
Dubai vs Mumbai: Ex Jet Airways CEO-Designate Counters Anand Mahindra Over Rain Post NDTVEx Jet Airways CEO calls out Anand Mahindra’s ‘Not Mumbai’ remark on Dubai rain Mint’Incorrect analogy’: Jet Airways ex-CEO designate reacts to Anand Mahindra’s post on Dubai floods MoneycontrolHeavy rain floods Dubai, Users start comparing it with Mumbai The Economic TimesDubai Vs Mumbai: Desis Troll ‘Dream City’ As Visuals of Waterlogging After Heavy Rainfall Go…
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Jet Airways ex-CEO designate slams Anand Mahindra for his ‘Nope, not Mumbai’ post on Dubai flood video | Trending
Anand Mahindra’s recent post on Dubai flood has drawn criticism from netizens, including Jet Airways ex-CEO designate Sanjiv Kapoor. The Indian business tycoon compared Dubai’s situation with Mumbai, and Kapoor termed it an “incorrect analogy”. The image, taken from a video shared by Anand Mahindra, shows waterlogged roads in Dubai. (X/@chatwithcharles) {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} “Nope. Not Mumbai. Dubai,” Anand…
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If released on bail, Jet founder’s health may worsen, says court | Mumbai News
MUMBAI: In a detailed order rejecting the bail sought on medical grounds by Jet Airways founder Naresh Goyal, a special PMLA court reasoned that once he is discharged to enjoy liberty of his bail, there is every chance of his health deteriorating and getting affected by infections.The judge said that Goyal needed prolonged hospitalisation and a personal attendant due to his infirmities, and the same had already been granted.”There will be no change in this circumstance even if he is released…
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If released on bail, Jet founder's health may worsen, says court – MSN
If released on bail, Jet founder’s health may worsen, says court MSN
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Court Denies Bail To Jet Airways Founder Naresh Goyal On Health Grounds
Naresh Goyal was arrested in September 2023 by the Enforcement Directorate (File)Mumbai: A special court here on Wednesday denied bail on health grounds to Jet Airways founder Naresh Goyal in a money-laundering case.The 74-year-old businessman, diagnosed with cancer, was being “better looked after at the hospital” where he is admitted, the court remarked.Mr Goyal is undergoing treatment at the private-run Sir H N Reliance hospital here for last two months.The court had in February denied…
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Jet Airways Takes To The Skies Again
Three years after it was grounded due to financial problems, Jet Airways took flight again. On 5th May, the homegrown airline company operated a test flight in Hyderabad and a positioning ferry flight to Delhi. This was to demonstrate that its Boeing VTSXE aircraft is capable of optimal functioning to the Directorate General of Civil Aviation (DGCA).Following this, Jet Airways received security clearance from the Union Home Ministry to start planning the relaunch of its commercial flights. A…
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Cyber fraudsters use arrested Jet Airways boss Naresh Goyal’s money laundering case story to defraud Mumbai man of Rs 20 lakh | Mumbai News
Mumbai Police are investigating a cyber fraud where a gang of fraudsters robbed a 55-year-old Santacruz man of his Rs 20.7 lakh retirement benefits by claiming that his mobile number and bank account were used in illegal activities including for hawala transactions linked to Naresh Goyal money laundering case. The fraudsters also misused the names of two high ranking IPS officers, who are currently serving in Maharashtra and U.P.The complainant, who retired from a private company in November…
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