According to the revised plan, promoter Naresh Goyal, his wife Anita Goyal and the directors nominated by the promoter would be asked to step down from the board, and the lenders, as part of the resolution process, will infuse around Rs 1,200 crore into the airline as emergency funding.
from Rediff News https://ift.tt/2JtCHPg
Friday, 22 March 2019
Jet lenders may move into cockpit, replace board
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