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Jet Airways insolvency authority received claims of over INR 24,000 crore from lenders

Posted : 20 July 2019 11:08:28 | By TWO Bureau | two bureau

Jet Airways insolvency authority received claims of over INR 24,000 crore from lenders

According to some reports the interim resolution professional (IRP) handling Jet Airways insolvency has received claims of more than INR 24,000 crore from its lenders, vendors, travel agents, and employees. The IRP has admitted 33 claims from banks worth INR 8,462 crore, and is verifying INR 15,044-crore claims from operational creditors and staff.

Lenders are voting this week to decide who can bid for the airline as they don’t want any frivolous players in the race, the committee of creditors (CoC) discussed in its first meeting recently.




Tags : #Jet Airways, # authority,


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