State Bank of India brought down Kingfisher, Air India: JKC to SC | Company News

SBI (Photo: Shutterstock)4 min read Last Updated : Sep 26 2024 | 9:56 PM IST


Lenders of bankrupt airline Jet Airways, led by the State Bank of India (SBI), on Thursday told the Supreme Court that successful bidder Jalan Kalrock Consortium (JKC) was “unwilling” to pay the dues and that the “liquidation” was the only option left.

The bench led by Chief Justice of India (CJI) DY Chandrachud was hearing the SBI-led consortium plea against the NCLAT’s March order…
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Source: https://www.business-standard.com/companies/news/state-bank-of-india-brought-down-kingfisher-air-india-jkc-to-sc-124092601211_1.html