The decision set aside NCLAT order for transfer of the cash-strapped airline’s ownership to Jalan Kalrock Consortium despite it failing to abide by the resolution plan.
The consortium aims to re-establish the airline's operations from next year and further announcements regarding the launch date of Jet Airways will be made in the coming weeks.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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