business
NCLT rejects Jet Airways' liquidator plea seeking Rs 500 crore from Boeing
The National Company Law Tribunal dismissed Jet Airways' plea for a refund from Boeing. The tribunal cited a contractual dispute over advance payments requiring a full trial. Boeing had suspended agreements and adjusted advance payments against its admitted claim. Jet Airways entered liquidation after failing to secure a revival plan. The court ruled the matter falls outside the tribunal's insolvency jurisdiction.
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