The Kalrock Capital-Murari Lal Jalan consortium is likely to lodge a Supreme Court appeal against a December 6, 2022, decision by India’s National Company Law Appellate Tribunal (NCLAT) directing it to settle unpaid provident fund and gratuity dues of employees of Jet Airways (JAI, Mumbai International), according to local news reports.
The NCLAT also dismissed an appeal by the consortium known as Jalan-Kalrock (JKC) – which won the bid to revive…
Read More…
Source: https://www.ch-aviation.com/news/122336-owners-of-indias-jet-airways-to-lodge-supreme-court-appeal