The Supreme Court has rejected the plea of Jalan-Kalrock Consortium (JKC) to extend the deadline for depositing Rs 150 crore. The court has also declined to interfere with its previous orders from January 18, stating that JKC's new application is "misconceived." On January 18, the Supreme Court had instructed JKC, the successful bidder for Jet Airways, to deposit Rs 150 crore in an escrow account with the State Bank of India by January 31.
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