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No revival of Jet Airways as Supreme Court orders liquidation of carrier's assets

No revival of Jet Airways as Supreme Court orders liquidation of carrier's assets

Nov 07, 2024, at 10:23 pm

New Delhi: The Supreme Court has ordered the liquidation of Jet Airways’ assets, exercising its special powers under Article 142 to overturn a tribunal's ruling that allowed ownership transfer to the Jalan-Kalrock Consortium (JKC) despite incomplete payment to creditors, media reports said.