Monday, December 01, 2025 | 04:42 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Jet Airways: Initial bids deadline to end on Aug 3

Image

Press Trust of India New Delhi

Don't want to miss the best from Business Standard?

The insolvency professional managing the affairs of Jet Airways has sought initial bids for the bankrupt airline till August 3.

The once-storied carrier shuttered its operations on April 17 and lenders moved the National Company Law Tribunal (NCLT) to recover dues in June.

Under the insolvency proceedings, Expression of Interest (EoI) for the airline can be submitted till August 3 and the list of prospective applicants would be issued on August 6, according to a public notice.

The final applicants would be asked to submit their resolution plans by September 5.

As per the notice, resolution plan would be submitted to the NCLT for approval on September 20.

 

Claims worth Rs 24,887 crore have been received by the insolvency resolution professional.

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 20 2019 | 6:50 PM IST

Explore News