AUCKLAND—A timetable has been set for applicants to bid for the remaining assets of India’s Jet Airways as the bankruptcy process begins. Jet Airways has been grounded since Apr. 17 after cash ran out and efforts to find new investors proved fruitless. Creditors invoked the bankruptcy process in June when an insolvency petition was filed with India’s National Company Law Tribunal (NCLT). The NCLT has initiated insolvency resolution proceedings under the country’s ...

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