Jet Airways Insolvency Case | Lenders likely to take a stand against Jalan-Kalrock consortium in court, say conditions for resolution plan not satisfied, @_ritusingh reports.
#JetAirways
#JetAirways
Sources: Lenders wary of investigations on Florian Fritsch in Europe have not sought official response yet
JK consortium told lenders in last meeting that it would not be make additional payments for PF & gratuity dues of over Rs 250 cr
JK consortium told lenders in last meeting that it would not be make additional payments for PF & gratuity dues of over Rs 250 cr
Jalan-Kalrock Consortium to CNBC-TV18: All conditions precedent were completed on 20 May 2022, necessary filings made before theNCLT on 21 May
JKC has been chasing lenders since 21 May 2022 through multiple written communication to infuse funds in #JetAirways and implement plan
JKC has been chasing lenders since 21 May 2022 through multiple written communication to infuse funds in #JetAirways and implement plan
Jalan-Kalrock Consortium to CNBC-TV18: JKC has already deposited INR 150 Crores with lenders; absolutely no delay from the Consortium
JKC has committed to pay employees and workmen of Jet Airways Rs. 52 Crores towards settlement subject to a maximum of Rs. 475 Cr
JKC has committed to pay employees and workmen of Jet Airways Rs. 52 Crores towards settlement subject to a maximum of Rs. 475 Cr
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