Jet Airways interim resolution professional (IRP) Ashish Chhawchharia reportedly issued a notice inviting Jet Airways creditors "to submit their claims with proof" to recover unpaid dues from the airline by 04-Jul-2019 (Economic Times/Live Mint/Financial Express/The Hindu BusinessLine/New Indian Express/ZeeBusiness, 24-Jun-2019). The airline reportedly owes more than INR85 billion (USD1.2 billion) to a consortium of 26 lenders led by State Bank of India and more than INR130 billion (USD1.9 billion) to hundreds of vendors and approximately 23,000 employees.
Jet Airways IRP invites creditors to submit claims to recover unpaid dues
25 June, 2019