Chandhiok & Mahajan, Advocates and Solicitors IBC Team, led by Pooja Mahajan– Managing Partner and Head of Restructuring & Insolvency, assisted by Arveena Sharma, Managing Associate and Shruti Pandey, Associate, successfully defended Jalan and Kalrock Consortium, the Successful Resolution Applicant of Jet Airways, before the National Company Law Appellate Tribunal (NCLAT).
The NCLAT has upheld the implementation of the Resolution Plan by the Consortium and directed the lenders to complete the transfer of Jet Airways' ownership within the specified timeframe.