Claims against beleaguered Jet Airways increase to Rs 36,090 crore
The total claims against beleaguered Jet Airways stood at Rs. 36,090.9 crore as on October 20. Of this, the resolution professional for Jet, Ashish Chhawccharia, has so far admitted claims worth Rs. 14,640.32 crore, according to the latest data available on the airline’s website. Claims worth over Rs. 17,003 crore have been rejected.
Jet Airways was admitted for insolvency on June 20 and the 180-day deadline for completing the corporate insolvency resolution process (CIRP) will end on December 16.
Claims by financial creditors against Jet Airways stood at Rs. 10,223.93 crore as on October 20, of which the RP has admitted claims worth over Rs. 8,231 crore. Of these, State Bank of India has filed the largest amount of claims worth Rs. 1,664.21 crore. Among foreign banks, HSBC Bank Middle East filed the largest claim worth Rs. 1,005.23 crore.
