Mumbai: The employees of JetLite, a subsidiary of Jet Airways, have moved the
dedicated bankruptcy court to be part of the corporate insolvency resolution process of the
defunct carrier.
On Friday, the employees approached the Mumbai bench of the National Company Law
Tribunal (NCLT) with the argument that when they had approached the resolution
professional (RP), their claims were rejected.
“Claims submitted to the Jet Airway’s RP are being rejected and JetLite’s employees are
being neglected,” argued the counsel for the employees of JetLite. “Jet Airways and
JetLite are interdependent entities. The dues of JetLite employees are around Rs 50
crore.”
15/02/20 Maulik Vyas/Economic Times
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dedicated bankruptcy court to be part of the corporate insolvency resolution process of the
defunct carrier.
On Friday, the employees approached the Mumbai bench of the National Company Law
Tribunal (NCLT) with the argument that when they had approached the resolution
professional (RP), their claims were rejected.
“Claims submitted to the Jet Airway’s RP are being rejected and JetLite’s employees are
being neglected,” argued the counsel for the employees of JetLite. “Jet Airways and
JetLite are interdependent entities. The dues of JetLite employees are around Rs 50
crore.”
15/02/20 Maulik Vyas/Economic Times
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