MUMBAI: The resolution professional for Jet Airways, which was admitted to the NCLT last week for bankruptcy, has invited claims from all creditors to the grounded airline.
The airline owes over Rs 8,500 crore to a consortium of 26 banks led by State Bank, and over Rs 13,000 crore to the tens of hundreds of vendors and around 23,000-odd employees.
“The creditors of Jet Airways are hereby called upon to submit their claims with proof on or before July 4, to the interim resolution professional. Financial creditors shall submit their claims with proof by electronic means only,” resolution professional Ashish Chhawchharia of Grant Thornton said in a public notice. All other creditors shall submit their claims with proof in person, by post or by electronic means, it added.
The lenders, who had been owning the airline since March 25 with 51 percent stake, had on June 17 decided to take the airline to the NCLT as they could not find a buyer.
Even the only preliminary bid from the Etihad-Hinduja consortium reportedly wanted the banks to take 90-95 percent haircut and also exemptions from open offer norms. (PTI)
