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Jet Airways COC extends deadline for submitting resolution to March 9

The meeting took place in the backdrop of two suitors, showing interest in the grounded airline but failing to submit a resolution plan for bid submissions on Monday

Jet Airways
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Jet Airways

BS Web Team New Delhi
The Jet Airways'Committee of Creditors on Tuesday extended the date for submitting a resolution plan to March 9 after Russia-based Far East Development Fund submitted an expression of interest (EoI). The meeting was held to discuss the way forward for the crisis-hit airline as the deadline for bid submissions ended on Monday. 

The meeting took place in the backdrop of two suitors showing interest in the grounded airline but failing to submit a resolution plan for bid submissions on Monday. Prudent ARC, one of the potential suitors had sought an additional four weeks’ time to submit

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