“The timeline for making the payment under the provisions of the code have not been complied with”, said the petition, filed by the Jet Aircraft Maintenance Engineers Welfare Association, according to the report.
An association of Jet Airways maintenance engineers has filed a petition in the Supreme Court against the airline’s resolution plan stating that it ignores workers’ rights and the liquidation value of the debt-laden company is diminishing constantly, Mint reported on December 18.
-
“The timeline for making the payment under the provisions of the code have not been complied with,” said the petition, filed by the Jet Aircraft Maintenance Engineers Welfare Association (JAMEWA), according to the report.
-
JAMEWA is a registered union of aircraft maintenance engineers of Jet Airways. Mint said it has seen a copy of the petition while Moneycontrol could not independently verify the report.
-
The National Company Law Tribunal (NCLT) approved the Jalan Kalrock consortium’s resolution plan for Jet Airways in June 2021 to save the airline. The consortium had clarified to NCLT that it does not plan to hire existing experienced staff who waited for more than three and half years for the company to revive.
Source: Money Control
