FILE PHOTO: Jet Airways aircraft are seen parked at the Chhatrapati Shivaji Maharaj International Airport in Mumbai, India, April 18, 2019. REUTERS/Francis Mascarenhas/File Photo
In a regulatory filing, bankruptcy resolution firm Grant Thornton said Jet’s lenders had also approved the eligibility criteria for potential buyers. The committee of creditors , via an electronic voting process, also agreed to appoint SBI Caps to help with the whole resolution process. The source said Grant Thornton planned to open bidding for the airline on Saturday. The only criterion for bidders will be having a net worth of 10 billion Indian rupees , added the source.
MoCA_GoI will this be used to service claims of passengers who have paid but not received refunds? PMOIndia CimGOI rsprasad