Jet Airways’ resolution professional receives claims worth Rs 25,000 crore
MUMBAI: The resolution professional overseeing Jet AirwaysNSE -4.90 % has received claims worth close to Rs 25,000 crore, and has so far accepted only about one third of the claims that came from financial creditors.
Grant Thornton’s Ashish Chhawchharia, who was appointed resolution professional (RP) for the grounded airline by the bankruptcy court last month, has received 16,643 claims from employees, financial institutions and operational creditors including Jet Privilege, the loyalty rewards company that Jet co-owns with Etihad Airways, and founder Naresh Goyal’s ticketing agency Jetair Private Ltd, according to the detailed list of claims put up on the the airline’s website by the RP.
The RP has accepted close to Rs 8,500 crore from financial institutions and is in the process of verifying claims worth Rs 15,000 crore.
