Jet Airways pilots, engineers and 2 foreign vendors also reached the bankrupt court

Mumbai: Jet Airways pilots, organization of engineers and 2 vendors from the Netherlands also reached the bankrupt court. Pilots and engineers want to become party in the bankruptcy process against the jet. Foreign vendors have sought permission to file a petition (an international petition) to protect their interests. On this, the National Company Law Tribunal (NCLT) will hear Veerwar. Banks will also hear a bankrupt bankrupt petition against Jet.

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3000 crores worth of salaries for 23,000 employees on Jet Airways Employees have not got a salary from March. Engineers and pilots were given wages in pieces from December 2018. 10,000 crore of wanders and leaseholders are outstanding on jet. SB I. Consortium of 26 banks led by Jet Airways decided to go for bankruptcy process on Monday against Jet Airways and on Tuesday, the NCLT The petition was filed in the Mumbai Bench. The lenders owed Rs 8500 crores on Jet.

Naresh Goyal can increase the difficulties

The Enforcement Directorate (ED) is very soon the founder of Jet Airways and the long-time chairman, Naresh Goyal can inquire about the airline's loyalty program. Ed. It is suspected that the sale of steak has been done under the loyalty program. Ed. Jat Airways and its units will also be investigating the tax evasion of Rs 650 crore. Ed. It wants to find out whether the rules of the Foreign Exchange Management Act (FEMA) have been violated or not. By the year 2012, Jet Airways was fully owned by Jet Airways Limited (JPLLL). After this, Etihad Airways bought 50.1 percent stake in it. Jet Airways has 49.9 percent share of the rest. In 2013, Etihad Airways bought a 24 percent stake in Jet Airways. Earlier, the Enforcement Directorate J.P.P.L. Has tested this sale of $ 15 million to the stake. In May last year, senior officials of the company were called for questioning in this regard. E.D. in his investigation It is also trying to ascertain whether Etihad got approval from the Foreign Investment and Planning Board to invest in Jet Airways.  

NCLT will hear today On Thursday, June 20, Jaitley's two official creditors, Shaman Wheels and Gagar Enterprises, can also hear the petitions. The duo had filed a bankruptcy application on June 10. Shaman Wheels claimed Rs 8.74 crore on Jet and Gagar Enterprises owed Rs 53 lakh. The operation of Jet Airways operating in the debt was closed on 17th April. Under the resolution plan, the bank wanted to sell the stake of the jet but the bidding was not successful, so banks decided to go to the bankrupt bank to recover the debt.

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