Jet employees move NCLT over compensation

Jet Airways staffers have moved the National Company Law Appellate Tribunal (NCLAT) challenging certain aspects of the Kalrock-Jalan consortium’s resolution plan that was approved by the National Company Law Tribunal (NCLT) on June 22. The staffers also did not approve the compensation offered by the consortium with little over 3,000 (35%) of the nearly 9,000 employees voting in favour and 5,500 (61%) abstaining from voting.

from Times of India https://ift.tt/3j1RekY
https://ift.tt/eA8V8J August 20, 2021 at 03:19AM

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