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Jet Airways Cabin Crew Association seeks liquidation of airline's assets
short by Ambarish Awale / on Tuesday, 29 November, 2022
The Jet Airways Cabin Crew Association (JACCA) has moved the NCLT, seeking liquidation of Jet Airways' assets after the Jalan Kalrock consortium defaulted on payments committed in the Resolution Plan. The association said the consortium has missed its deadlines of November 11 to pay ₹52 crore to workmen and employees and November 16 to pay ₹185 crore to lenders.
read more at cnbctv18.com