{"id":337553,"date":"2020-02-15T11:05:31","date_gmt":"2020-02-15T05:35:31","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=337553"},"modified":"2020-02-15T11:55:57","modified_gmt":"2020-02-15T06:25:57","slug":"jetlite-staff-moves-nclt-to-be-part-of-jets-insolvency-resolution","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jetlite-staff-moves-nclt-to-be-part-of-jets-insolvency-resolution\/","title":{"rendered":"JetLite staff moves NCLT to be part of Jet\u2019s insolvency resolution"},"content":{"rendered":"<p>MUMBAI: The employees of JetLite, a subsidiary of Jet AirwaysNSE -4.97 %, have moved the dedicated bankruptcy court to be part of the corporate insolvency resolution process of the defunct carrier.<\/p>\n<p>On Friday, the employees approached the Mumbai bench of the National Company Law Tribunal (NCLT) with the argument that when they had approached the resolution professional (RP), their claims were rejected.<\/p>\n<p>\u201cClaims submitted to the Jet Airway\u2019s RP are being rejected and JetLite\u2019s employees are being neglected,\u201d argued the counsel for the employees of JetLite. \u201cJet Airways and JetLite are interdependent entities. The dues of JetLite employees are around Rs 50 crore.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: The employees of JetLite, a subsidiary of Jet AirwaysNSE -4.97 %, have moved the dedicated bankruptcy court to be part of the corporate insolvency resolution process of the defunct carrier. On Friday, the employees approached the Mumbai bench of the National Company Law Tribunal (NCLT) with the argument that when they had approached the resolution professional (RP), their claims were rejected. \u201cClaims submitted to the Jet Airway\u2019s RP are being rejected and JetLite\u2019s employees are being neglected,\u201d argued the counsel for the employees of JetLite. \u201cJet Airways and JetLite are interdependent entities. The dues of JetLite employees are around [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-337553","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/337553","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=337553"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/337553\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=337553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=337553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=337553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}