#JetAirways lenders seek #SupremeCourt approval for liquidation as revival plan falters
#JetAirways lenders seek #SupremeCourt approval for liquidation as revival plan falters
#JetAirways Insolvency | The Supreme Court sends #JetAirways into liquidation
✈️ The Supreme Court's order says the Successful Resolution Applicant failed to implement the resolution plan, by failing to infuse Rs. 350cr.
✈️ By failing to infuse funds, is found to be in breach of the resolution plan.
✈️ Employee Dues of ₹226cr have also not been paid, under the resolution plan.
✈️ The Supreme Court's order says the Successful Resolution Applicant failed to implement the resolution plan, by failing to infuse Rs. 350cr.
✈️ By failing to infuse funds, is found to be in breach of the resolution plan.
✈️ Employee Dues of ₹226cr have also not been paid, under the resolution plan.