India's Top Court Orders Liquidation of Bankrupt Jet Airways.

India's Supreme Court has ordered the liquidation of bankrupt Jet Airways, once the country's second-largest carrier. The Jalan-Kalrock Consortium, the winning bidder, failed to implement its revival plan, leading to the court's decision. Jet Airways' lenders and the consortium clashed over funding, resulting in the airline's liquidation. A bankruptcy court in Mumbai will appoint a liquidator, and any funds invested by the consortium will be forfeited. [Extracted from the article]