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NCLT admits SBI’s Insolvency plea against Jet Airways as it had huge outstanding debts

June 21, 2019[2019] 106 267 (NCLT - Mum.)

IBC: Where Corporate Debtor Jet Airways (India) Limited had huge outstanding debt, both financial and operational, and its default was also proved, Corporate Insolvency Resolution Process (CIRP) filed by Financial Creditor State Bank of India against it was to be admitted

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