Pay provident fund and gratuity dues to employees in full, National Company Law Tribunal’s Mumbai bench directs liquidator of defunct Jet Airways | Mumbai News
Mumbai: The National Company Law Tribunal (NCLT), Mumbai Bench-I, on Wednesday directed the liquidator of defunct Jet Airways to pay provident fund and gratuity dues to workmen and employees in full. The tribunal stated that that such statutory dues do not form part of the liquidation estate under the Insolvency and Bankruptcy Code (IBC). “The…
