Jet Airways Staff to Receive Full Provident Fund and Pension Dues

A ruling has determined that Jet Airways staff will receive their full provident fund, gratuity, and pension fund dues, a decision seen as a setback for SBI and other lenders who argued these should be part of the liquidation estate.

1 Jul, 07:33 — 1 Jul, 07:33

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ndtvMostly Factual61d ago

Jet Airways Staff To Get Full Provident Fund, Pension Dues In Setback For SBI

The SBI and seven other lenders had argued that provident fund, gratuity, and pension fund dues should form part of the liquidation estate and be distributed among all creditors under the Insolvency and Bankruptcy Code.

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Jet Airways Staff to Receive Full Provident Fund and Pension Dues

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Jet Airways Staff To Get Full Provident Fund, Pension Dues In Setback For SBI

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