Mumbai NCLT Rejects Jet Airways Liquidator’s Plea For Refund Of $92.12 Million Boeing Advance
Mumbai, September 11, 2026: The Mumbai bench of the National Company Law Tribunal (NCLT) has dismissed an application filed by the liquidator of Jet Airways (India) Limited seeking a refund of $92.129 million paid to United States of America (USA)-based Boeing Company as advance payments for aircraft that were never delivered. A bench comprising Member (Technical) Prabhat Kumar and Member…
The Mumbai bench of the National Company Law Tribunal (NCLT) has dismissed an application by Jet Airways' liquidator seeking a refund of $92.129 million paid to Boeing as advance payments for aircraft that were never delivered. The dispute arose from contractual disagreements between Jet Airways and Boeing, which could not be resolved within the NCLT's summary jurisdiction under Section 60(5) of the Insolvency and Bankruptcy Code (IBC).
Boeing had already challenged the maintainability of the liquidator's application, arguing that the NCLT lacked the authority to adjudicate a contractual claim.
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