NEW DELHI: The Registrar of Companies (Mumbai) has submitted the inspection report of the beleaguered Jet Airways' books to the Corporate Affairs Ministry which will shortly start examining the details. "Action will be based on the inspection report of Jet Airways' books," a ministry source said. In the Jet Airways case, the RoC stepped in last August after the company deferred its first quarter FY19 results. Jet Airways is passing through a critical time but has not yet landed at the National Company Law Tribunal (NCLT). But with the airline's operations halted, there is a growing demand to leave it to a bankruptcy tribunal now.

Source: Mint May 08, 2019 14:03 UTC