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No More Jet Airways. Supreme Court Says "No Choice", Orders Liquidation
Jet Airways' grounded assets will be liquidated, the Supreme Court said, invoking 'extraordinary' powers under Article 142 to set aside a National Company Law Appellate Tribunal decision upholding resolution and approving transfer of ownership.
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Feeling "Embarrassed" About Investors Losing Money: Jet Airways Chairman
Jet Airways Founder Chairman Naresh Goyal yesterday said he felt "guilty and embarrassed" as a lot of shareholders have lost their money, amid the airline's shares plummeting on financial woes.
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No More Jet Airways. Supreme Court Says "No Choice", Orders Liquidation
Jet Airways' grounded assets will be liquidated, the Supreme Court said, invoking 'extraordinary' powers under Article 142 to set aside a National Company Law Appellate Tribunal decision upholding resolution and approving transfer of ownership.
-
Feeling "Embarrassed" About Investors Losing Money: Jet Airways Chairman
Jet Airways Founder Chairman Naresh Goyal yesterday said he felt "guilty and embarrassed" as a lot of shareholders have lost their money, amid the airline's shares plummeting on financial woes.
