Luckystar, the owner of Jet’s six-storey headquarters in Andheri, on Tuesday moved the National Company Law Tribunal against the interim resolution professional (IRP) seeking possession of the Siroya Centre.
The airline has its registered office in Siroya Centre, located in Andheri suburb of Mumbai, which is worth Rs 150 crore.
The counsel for Luckystar alleged that the IRP refused to give back the property, which was leased to Jet Airways, even though the lease agreement terminated due to non-payment on June 7.
He argued the IRP cannot seek protection of the moratorium issued by the tribunal as the lease had ended before the company was admitted under the insolvency process.
