<p>In the ongoing Jet Airways resolution case, the civil aviation ministry, regulator DGCA and winning bidder Jalan-Kalrock consortium on Monday informed the NCLT that the issue of allotment of slots to the airline is expected to be resolved soon.</p>.<p>The matter will be again heard by the National Company Law Tribunal (NCLT) in the third week of April.</p>.<p>Jet Airways, which shuttered operations in April 2019, is undergoing a resolution process under the Insolvency and Bankruptcy Code (IBC).</p>.<p><strong>Read | <a href="https://www.deccanherald.com/business/business-news/consortium-chief-hopes-to-restart-jet-airways-in-6-months-962569.html" target="_blank">Consortium chief hopes to restart Jet Airways in 6 months</a></strong></p>.<p>The counsels representing the ministry, DGCA and the Jalan-Kalrock consortium told the Mumbai bench of the NCLT that they are optimistic about an amicable resolution of the issue of historical slots soon.</p>.<p>According to them, there were two meetings held between the winning bidders for Jet Airways -- UAE-based businessman Murari Lal Jalan and UK-based Kalrock Capital -- with the ministry and DGCA over the slot allotment issue.</p>.<p>The NCLT bench, chaired by Mohammed Ajmal and V Nallasenapathy, will hear the matter in the third week of this month.</p>.<p>On March 24, the consortium had sought the tribunal's permission to enter into a dialogue with the ministry and DGCA to resolve the issue of allotment of slots at airports.</p>.<p>The NCLT had stated that it cannot give directions in this regard but said the parties concerned are free to discuss the matter.</p>.<p>The ministry and DGCA had then sought time from the NCLT to deal with the affidavit submitted by the consortium regarding the slot allotment issue.</p>.<p>On Monday, the tribunal was informed that the ministry and DGCA have not filed the affidavit with a view to have further meetings between the officials concerned to resolve the issue.</p>.<p>The ministry and DGCA have appointed a nodal officer to address the issue of slots with the resolution applicant, the consortium.</p>.<p>In a joint affidavit to the NCLT on March 9, the ministry and DGCA had refused to give any assurances on Jet Airways slots issue.</p>.<p>"... slots allocated to the corporate debtor are not the asset of the corporate debtor and hence no mandatory directions in respect of the allocations/ re-allocation of slots may be issued by the tribunal for the mandatory compliance of same by the DGCA/MoCA," as per the affidavit.</p>.<p>The MoCA refers to the Ministry of Civil Aviation.</p>.<p>According to the affidavit, any request of the resolution applicant for allocation of slots would be considered as per the existing policy and procedure.</p>
<p>In the ongoing Jet Airways resolution case, the civil aviation ministry, regulator DGCA and winning bidder Jalan-Kalrock consortium on Monday informed the NCLT that the issue of allotment of slots to the airline is expected to be resolved soon.</p>.<p>The matter will be again heard by the National Company Law Tribunal (NCLT) in the third week of April.</p>.<p>Jet Airways, which shuttered operations in April 2019, is undergoing a resolution process under the Insolvency and Bankruptcy Code (IBC).</p>.<p><strong>Read | <a href="https://www.deccanherald.com/business/business-news/consortium-chief-hopes-to-restart-jet-airways-in-6-months-962569.html" target="_blank">Consortium chief hopes to restart Jet Airways in 6 months</a></strong></p>.<p>The counsels representing the ministry, DGCA and the Jalan-Kalrock consortium told the Mumbai bench of the NCLT that they are optimistic about an amicable resolution of the issue of historical slots soon.</p>.<p>According to them, there were two meetings held between the winning bidders for Jet Airways -- UAE-based businessman Murari Lal Jalan and UK-based Kalrock Capital -- with the ministry and DGCA over the slot allotment issue.</p>.<p>The NCLT bench, chaired by Mohammed Ajmal and V Nallasenapathy, will hear the matter in the third week of this month.</p>.<p>On March 24, the consortium had sought the tribunal's permission to enter into a dialogue with the ministry and DGCA to resolve the issue of allotment of slots at airports.</p>.<p>The NCLT had stated that it cannot give directions in this regard but said the parties concerned are free to discuss the matter.</p>.<p>The ministry and DGCA had then sought time from the NCLT to deal with the affidavit submitted by the consortium regarding the slot allotment issue.</p>.<p>On Monday, the tribunal was informed that the ministry and DGCA have not filed the affidavit with a view to have further meetings between the officials concerned to resolve the issue.</p>.<p>The ministry and DGCA have appointed a nodal officer to address the issue of slots with the resolution applicant, the consortium.</p>.<p>In a joint affidavit to the NCLT on March 9, the ministry and DGCA had refused to give any assurances on Jet Airways slots issue.</p>.<p>"... slots allocated to the corporate debtor are not the asset of the corporate debtor and hence no mandatory directions in respect of the allocations/ re-allocation of slots may be issued by the tribunal for the mandatory compliance of same by the DGCA/MoCA," as per the affidavit.</p>.<p>The MoCA refers to the Ministry of Civil Aviation.</p>.<p>According to the affidavit, any request of the resolution applicant for allocation of slots would be considered as per the existing policy and procedure.</p>