On Thursday, November 7, the Supreme Court mandated the liquidation of Jet Airways, determining that the Jalan-Kalrock Consortium, the successful bidder for the airline, did not adhere to the revival plan. This decision concludes years of legal disputes regarding the airline’s potential revival and raises significant concerns about the effectiveness of India’s insolvency framework.
The Supreme Court has issued an order for the liquidation of Jet Airways, nullifying the ruling of the NCLAT
by 
Aim Bharat
Aim Bharat 
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