INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Falling for the 14 sessions in a row, shares of Jet Airways plunged 18 per cent to hit fresh all-time low at Rs 27 in Thursday's
a Netherlands court, which had last month declared the grounded airline bankrupt, seeking to intervene
On Wednesday, they moved an intervention application in the case
The Mumbai bench of the National Company Law Tribunal (NCLT) said it would consider the plea along with a bunch of other applications on
State Bank of India on Wednesday sought to initiate insolvency proceedings against Jet Airways before the dedicated bankruptcy court begins
hearing the complaints of two operational creditors on Thursday
Grounded since April 17, lenders were unable to find a white knight for Jet Airways which has accumulated a debt of Rs 8,500 crore and
total liabilities of more than Rs 25,000 crore.