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‘Narrow’ Forensic Audit Allows Lenders To Proceed With Jet Airways’ Restructuring Plan
SBI’s limited forensic audit mandate could allow Jet Airways’ debt to be restructured
18 Jan 2019, 10:56 PM IST
Lenders to Jet Airways Ltd. are hoping to approve a restructuring plan for the air carrier on Wednesday after a forensic audit did not throw up any adverse findings, two people in the know told BloombergQuint on condition of anonymity. However, the audit itself was conducted within a narrow scope that limited the extent of investigation, these people said.State Bank of India Ltd., as the lead lender in the case, had appointed consult...
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