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Posted at: Jun 20, 2019, 8:04 AM; last updated: Jun 20, 2019, 8:04 AM (IST)

Jet Airways pilots, engineers, Dutch vendors move NCLT

Seek to be made parties to bankruptcy hearings
Jet Airways pilots, engineers, Dutch vendors move NCLT

Mumbai, June 19

The pilots and engineers unions of Jet Airways and two Dutch logistics vendors to the grounded airline today moved the NCLT seeking them to be made parties to the bankruptcy hearings, which the tribunal will begin from Thursday.

The consortium of 26 bankers led by SBI had filed for bankruptcy yesterday at the Mumbai Bench of the National Company Law Tribunal, seeking to recover over Rs 8,500 crore of their funds from the airline that was formally grounded on April 17.

While the pilots and engineers unions want to be made party to the case, the representatives of two Dutch firms want the tribunal’s nod to make an intervention petition. The NCLT tribunal comprising VP Singh and Ravikumar Duraisamy adjourned the matter to Thursday for when it will also hear these intervention applications. — PTI 


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