JetLite staff moves NCLT to be part of Jet’s insolvency resolution

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.”