India's bankruptcy court admits insolvency plea against Jet Airways
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BENGALURU (Reuters) - India's bankruptcy court, the National Company Law Tribunal (NCLT), on Thursday accepted an insolvency petition against Jet Airways Ltd filed by its creditors as they attempt to recover some of their dues.The insolvency process will allow lenders to sell the company as a whole or in parts, laying out a fixed timeline for a resolution around its future.Jet Airways, once India's biggest private carrier, stopped flying in April after running out of cash, leaving thousands..