The owner of Jet Airways headquarters has moved the National Company Law Tribunal (NCLT) seeking eviction of Jet’s Resolution Professional (RP) from its premises.
The licence for occupying the place has been terminated, on account of the airline having not paid the rent after March, says Luckystar Property Holdings, legal owner of the premises, Siroya.
Jet paid the licence fee on the property till March; it defaulted on payment in April and May. A 30-day grace period was given by Luckystar for payment but Jet did not pay, resulting in termination of the agreement on June 8.
