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Tribunal Directs Jet Airways To Clear Unpaid Dues Of Employees

Tribunal Directs Jet Airways To Clear Unpaid Dues Of Employees

NDTV
Friday, October 21, 2022 07:08:57 PM UTC

It has directed the former resolution professional to "compute the payments to be made to workmen and employees within one month from today".

Insolvency appellate tribunal NCLAT on Friday directed Jet Airways' new owner - Jalan-Kalrock consortium - to pay the unpaid provident fund and gratuity dues of employees of the carrier, which is going to restart its operation.

It has directed the former resolution professional to "compute the payments to be made to workmen and employees within one month from today" and communicate the same to the Jalan-Kalrock consortium to take steps for the payment.

Allowing a batch of petitions filed by the associations of workmen, Aircraft Maintenance Engineers, Officers and Staff Association and others, a two-member NCLAT bench had asked the new owner to make payment of provident fund dues as admitted by the resolution professional.

"Successful Resolution Applicant is directed to make payment of unpaid provident fund to the workmen till the date of insolvency commencement, after deducting the amount already paid towards the provident fund in the Resolution Plan to the workmen," said the NCLAT.

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