#jet-airways-liquidation
Supreme Court Orders Liquidation of Jet Airways, Overturns Tribunal Decision
In a significant ruling on Thursday, the Supreme Court of India ordered the liquidation of Jet Airways, invoking its extraordinary powers under Article 142 of the Indian Constitution. The court's decision came after it set aside a previous ruling by the National Company Law Appellate Tribunal (NCLAT) that had upheld the resolution plan proposed by the Jalan-Kalrock Consortium, allowing th
Supreme Court Orders Liquidation of Jet Airways, Overturns Tribunal Decision
In a significant ruling on Thursday, the Supreme Court of India ordered the liquidation of Jet Airways, invoking its extraordinary powers under Article 142 of the Indian Constitution. The court's decision came after it set aside a previous ruling by the National Company Law Appellate Tribunal (NCLAT) that had upheld the resolution plan proposed by the Jalan-Kalrock Consortium, allowing th









