UPDATE
Nov 18, 2022, 05.30 PM
Reports said that the new owner the Jalan-Kalrock consortium told the National Company Law Appellate Tribunal (NCLAT) of its inability to pay additional money to clear dues.
While some employees have been sent on without pay, with effect from December 1, the reports said.
Jet Airways reportedly said that it has reduced employees' salaries by upto 50 percent.
While some employees have been sent on without pay, with effect from December 1, the reports said.
Reports said that the new owner the Jalan-Kalrock consortium told the National Company Law Appellate Tribunal (NCLAT) of its inability to pay additional money to clear provident fund and gratuity dues of around Rs 250 crore to employees.
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