Jet Airways: Insolvency proceedings begin as IRP meets the airline's management
Updated : June 23, 2019 03:13 PM IST
Grant Thornton India's Ashish Chhawchharia, who has been named the resolution professional for Jet Airways' bankruptcy proceedings, took charge on Saturday.
Under the process, the resolution professional will also invite bids from potential investors for the airline. However, if no buyers are found within 90 days, then the airline will go into liquidation.
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