Jalan-Kalrock, Legal News, ET LegalWorld – Legal Firms

The Jalan-Kalrock consortium, winning bidder of Jet Airways, has moved the National Company Law Appellate Tribunal (NCLAT), saying provident fund and gratuity dues of Jet employees should be paid from the airline's existing cash balance and the rest from the lenders' share.On October 21, the appellate tribunal had directed the...

Jalan-Kalrock, Legal News, ET LegalWorld – Legal Firms

The Jalan-Kalrock consortium, winning bidder of Jet Airways, has moved the National Company Law Appellate Tribunal (NCLAT), saying provident fund and gratuity dues of Jet employees should be paid from the airline's existing cash balance and the rest from the lenders' share.On October 21, the appellate tribunal had directed the...