Jet Airways Resolution Plan: APPROVED by NCLT but Tribunal makes these aspects clear - All you need to know
National Company Law Tribunal (NCLT) has approved the resolution plan of Jet Airways. However, the airline company will not be given its previous slots. The tribunal has made it clear to Jet Airways that the company has no rights over the slots and it will be the decision of the Director General of Civil Aviation (DGCA) to do so
Jet Airways has 90 days to get all approvals from the Ministry of Civil Aviation and other government authorities. Source: Reuters