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CoC approves Kalrock Capital-Murari Jalan’s plan to revive Jet Airways

Eighteen months after its closure and sixteen months after it became the first airline to be accepted under the Insolvency and Bankruptcy Code (IBC), Jet Airways is finally on its way back, but with a new airline. owner – Kalrock Capital and Murari Lal Jalan. The creditors’ committee approved the Kalrock Capital-Murari Lal Jalan resolution plan when the electronic vote of lenders ended on Saturday.

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