India’s specialist bankruptcy court, the National Company Law Tribunal (NCLT), has appointed a liquidator to Jet Airways (Mumbai International), with its Mumbai bench giving Satish Kumar Gupta the role during a November 26 hearing. Gupta is a senior partner at Jaipur-based Gupta Garg & Company.

The order said Gupta should “endeavour to sell the company as a going concern during the liquidation.” The NCLT’s order followed a November 7 Supreme Court decision to wind up Jet Airways. The carrier…

Source: ch aviation
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