It is not yet a happy ending for the Kalrock-Jalan consortium and the insolvency resolution process of Jet Airways, as employees of the grounded airline are unhappy with the relief they are being offered which is heavily slashed down from the actual claims.
The admitted claims of employees stood at Rs 1,265 crore, while the consortium has proposed Rs 52 crore to settle their claims.
According to employees, the airline owes at least Rs 3 lakh to each employee which may well go up to Rs 85 lakh, while now each employee is being offered a total of around Rs 23,000, which one employee, who did not want to be named, described as “peanuts”.
