These appeals challenge orders dated 17.10.2023 passed by the Adjudicating Authority (National Company Law Tribunal), Mumbai Bench-I, in IA No.3747 of 2022 and IA No.883 of 2023. The appeals arise from the Corporate Insolvency Resolution Process (CIRP) initiated against Jet Airways (India) Limited. A resolution plan by the Consortium of Mr. Murari Lal Jalan and Mr. Florian Fritsch was approved on 22.06.2021, which was challenged in prior appeals. The resolution plan included provisions for the sale of aircraft. The Monitoring Committee initiated a sale process for identified assets, leading to the issuance of Letters of Intent to Ace Aviation VII Limited. Subsequently, the Monitoring Committee issued a letter dated 11.11.2022, putting the sale process in abeyance. Ace

These appeals challenge orders dated 17.10.2023 passed by the Adjudicating Authority (National Company Law Tribunal), Mumbai Bench-I, in IA No.3747 of 2022 and IA No.883 of 2023. The appeals arise from the Corporate Insolvency Resolution Process (CIRP) initiated against Jet Airways (India) Limited. A resolution plan by the Consortium of Mr. Murari Lal Jalan and Mr. Florian Fritsch was approved on 22.06.2021, which was challenged in prior appeals. The resolution plan included provisions for the sale of aircraft. The Monitoring Committee initiated a sale process for identified assets, leading to the issuance of Letters of Intent to Ace Aviation VII Limited. Subsequently, the Monitoring Committee issued a letter dated 11.11.2022, putting the sale process in abeyance. Ace