Wings clipped! PNB puts brakes on Jet Airways’ take-off - Why the bank demands to stop airline’s resolution plan in NCLAT
In an apparent roadblock to take-off, Punjab National Bank (PNB) has challenged the Jet Airways resolution plan in the NCLAT (National Company Law Appellate Tribunal) citing foul play from resolution professional, Assistant Editor Brajesh Kumar says in an exclusive report on Thursday.
The NCLT on June 22, 2021 had approved the Kalrock-Jalan consortium plan for Jet Airways' revival: Zee Business