A consortium consisted of Kalrock Capital Management Ltd, Murari Lal Jalan and Florian Fritsch agreed to acquire Jet Airways (India) Limited (BSE:532617) on June 22, 2021. Hon'ble National Company Law Tribunal (NCLT), Mumbai Bench has approved the transaction. The committee of creditors has already approved this transaction. Bahram Vakil, Nilang T. Desai, Anand Shah, Suharsh Sinha, Dhirajkumar Totala, Nanditha Gopal, Anindita Roy Chowdhury, Vatsala Rai and Vydyanathan L of AZB & Partners acted as legal advisor to Jet Airways (India) Limited.