The Supreme Court on Thursday directed the Jalan-Kalrock Consortium to deposit Rs 150 crore in an SBI escrow account by Jan. 31, failing which the consortium will be treated as being non-compliant with its resolution plan for the grounded airline Jet Airways Ltd.The top court’s order comes against the backdrop of JKC’s decision to pay its first tranche of Rs 350 crore through different payment methods.The consortium had deposited Rs 200 crore towards the lenders led by SBI by the end of…
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