Jet Airways plunged into deeper financial crisis, debts mount over Rs 14K cr
Grounded carrier Jet AirwaysNSE 0.23 % plunged into a deeper financial crisis as the resolution professional (RP), appointed by the bankruptcy court in June, accepted additional claims worth over Rs 500 crore taking its current debt to over Rs 14,000 crore. The number is expected to rise as claims worth Rs 4,500 crore are still to be verified.
Between September and October, Grant Thronton’s Ashish Chhawchharia, the RP, received over 590 new claims by operational creditors taking the claims tally to 20,011. Of these, 16,561claims worth Rs 14,640 crore have been admitted so far, according to the latest list of creditors on the Jet website.
Claims worth Rs 17,003 crore have been rejected while those worth Rs 4,473 crore are still under verification, according to the list.
