NCLAT sends notice to Boeing as Jet Airways seeks Rs.872-crore refund for undelivered aircraft
New Delhi, Nov. 3 -- The liquidator of bankrupt airline Jet Airways has moved the National Company Law Appellate Tribunal (NCLAT), seeking recovery of $92.13 million (about Rs.872 crore at current exchange rates) from US aircraft manufacturer Boeing in advance payments made under aircraft purchase agreements signed in 2013.
The plea, filed by Jet Airways' liquidator Satish Kumar Gupta, was heard by the Delhi bench of the appellate tribunal on Tuesday. The tribunal issued notice to Boeing and gave it two weeks to file its response, followed by one week for the liquidator to file a rejoinder. The matter has been listed for hearing in the first week of December.
According to the liquidator's counsel, who appeared before NCLAT, Jet Airways ...
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