OPEN APP
Home >Companies >News >Jet Airways' creditors to meet on Thursday

NEW DELHI : The committee of creditors (CoC) of grounded Jet Airways will meet on March 12, according to a regulatory filing.

The meeting has been scheduled as the revised deadline for submission of bids for the airline, which is undergoing an insolvency process, ended on Tuesday.

It could not be immediately ascertained whether any bids have been received.

The ninth meeting of the CoC is scheduled to be held on March 12, the regulatory filing on Tuesday said.

Last month, the deadline for submission of bids was extended to March 10.

Jet Airways stopped flying in April 2019 after it ran out of cash. It owes more than 8,000 crore to banks.

Subscribe to Mint Newsletters
* Enter a valid email
* Thank you for subscribing to our newsletter.

Click here to read the Mint ePaperMint is now on Telegram. Join Mint channel in your Telegram and stay updated with the latest business news.

Close
×
Edit Profile
My ReadsRedeem a Gift CardLogout