 "Jet Airways")
The Supreme Court on Monday refused to interfere in the National Company Law Appellate Tribunal’s (NCLAT’s) order directing the Jalan-Kalrock consortium, the successful bidder for Jet Airways, to pay provident fund and gratuity dues to the former employees of the debt-laden airline.
The dues, estimated by the airline staff and those associated with the revival process, are over Rs 200 crore.
A Bench comprising Chief Justice of India (CJI) DY Chandrachud, Justice P S Narasimha, and Justice J B Pardiwala observed that anyone stepping in to bail out the airline would know there were overriding labour dues.
“There has to
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