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Wednesday, January 8, 2020

Jet Airways insolvency: IDBI Bank and IOB say cant fund the process further

Jet Airways insolvency: IDBI Bank and IOB say cant fund the process further
The two banks’ plea coincided with NCLT’s warning to Jet CoC of contempt proceedings if they do not release interim funds to the resolution professional by January 20 for completion of insolvency proceedings.

Source: TFE