Jet Airways CIRP ends, 7-member panel to manage day-to-day ops

With the approval of the National Company Law Tribunal (NCLT) to the resolution plan of Kalrock-Jalan consortium, the Corporate Insolvency Resolution Process (CIRP) of Jet Airways has concluded. As per the plan, a monitoring committee will be set up to oversee the implementation of the resolution plan along with managing the day-to-day operations of the grounded airline till the closing date.

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