Supreme Court Orders Liquidation of Jet Airways, Setting a Precedent for Non-Implementation of Resolution Plans
Listen to this article | Download Article in PDF The Supreme Court of India has ordered the liquidation of Jet Airways, after the Jalan-Kalrock Consortium failed to implement the approved resolution plan. The ruling emphasizes the finality of resolution plans under the IBC framework. Introduction On November 7, 2024, a three-judge bench of the Supreme Court, consisting of Chief Justice […]
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