Jet Airways' RP seeks nod to liquidate assets to pay pending salaries

Jet Airways' RP seeks nod to liquidate assets to pay pending salaries

Photo: Mint

The resolution professional (RP) overlooking the bankruptcy proceedings of grounded Jet Airways (India) Ltd on Thursday told the Mumbai bench of the National Company Law Tribunal (NCLT) that a request has been placed before the committee of creditors (CoC) to liquidate some assets to pay a part of the pending salaries to the airline’s employees.

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