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Avoid sending correspondence on behalf of Jet: JKC to panel member

Chhawchharia had on January 2 sent a letter to JKC wherein he objected to Sanjiv Kapoor using designation of Jet Airways CEO as the airline is yet to be handed over to JKC

Jet Airways
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In an ongoing case in the National Company Law Tribunal (NCLT), the lenders have stated that JKC has not fulfilled three out of five conditions precedent (CP) mentioned in the NCLT-approved resolution plan

Deepak Patel New Delhi
Ashish Chhawchharia, a member of Jet Airways' monitoring committee, should refrain from sending correspondence on behalf of the airline, said the carrier's winning bidder Jalan-Kalrock Consortium (JKC) on Tuesday.

Chhawchharia had on January 2 sent a letter to JKC wherein he objected to Sanjiv Kapoor using designation of Jet Airways CEO as the airline is yet to be handed over to JKC under the resolution plan.

In March last year, aviation veteran Kapoor was appointed as the CEO of grounded Jet Airways by JKC. The monitoring committee consists of seven members: Chhawchharia as a non-voting member, three voting members selected