escrow

  1. Jet Airways insolvency: JKC withdraws plea to put Rs 200 crore in escrow after NCLAT refuses relief

    New Delhi: Jet Airways' successful bidder Jalan Kalrock Consortium (JKC) on Tuesday withdrew its plea before the NCLAT to transfer Rs 200 crore it had paid to the lenders into an escrow account.The withdrawal comes after the National Company Law Appellate Tribunal (NCLAT) refused to grant any...