Jet Airways lenders have till June 4 to appeal the bankruptcy ruling by Holland court
Lenders to Jet Airways have just a few days to appeal the May 21 bankruptcy ruling given by a district court in North Holland. The troubled airline was declared bankrupt in response a complaint filed by two European creditors.
In April, H Esser Finance Company and Wallenborn Transport filed a petition citing unpaid claims worth around `280 crore from the ailing carrier.
Even though no representative from the airline appeared for the hearing, prima facie evidence was found to declare the airline bankrupt, according to the court order seen by FE.
