Creditors’ panel approves $10 mn interim fund for Jet Airways1 min read 19 Jul 2019, 07:13 PM IST
The interim funding of about ₹69 crore will be used for the corporate insolvency resolution process
The funds will be used to hire people on contracts to verify claims made by different creditors
MUMBAI : he Committee of Creditors (CoC) of Jet Airways (India) Ltd on Friday approved an interim funding of $10 million (about ₹69 crore) for the airline, which will be used for the corporate insolvency resolution process, two people with direct knowledge of the matter said, requesting anonymity.
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