Mumbai: Airline Jet Airways that does not function to owe each employee anywhere between RS 3 Lakh and Rs 85 Lakh according to claims received under the bankruptcy settlement process.
The plan of revival, submitted by the owner of the Kalrock-street, proposed payments around Rs 23,000 for each employee.
Under the resolution plan, which was recently applied by the National Law of Tribunal Law (NCLT), payment will be made only if 95% of Jet employees gave their acceptance on the plan in the next three months.
But without words in the order of NCLT even in legal contributions such as percent and without clarity in their delayed contributions, Jet Airways employees have found themselves in improvement.
“Jet has asked employees to vote, either or not, to the plan to be cleaned by NCLT.
But the plan almost does not offer around 0.5% of the total amount owed to each employee.
This is as good as zero,” said Kiran Pawaskar, President, All Indian Jet Airways staff officers and associations.
“If the problem is not resolved, we will challenge this in court,” he told TI.
The Association recently sent a letter to the Minister of New Civil Aviation, the Minister of Labor and Regional Labor Commissioner.
“At the initial point of the resolution plan we did not find references to employee claims.
The very urinated number has been proposed as a resolution in the bankruptcy and bankruptcy process.
The company for 26 years has a large workforce and many of them have worked for the long part of their lives, “He said.
Jet Airways owed an undeniable number of Rs 15,400 Crore to its creditors, where RS 1,254 Crore was owed to workers and employees in unpaid salaries, percent, etc.
Jet staff said, “Jet owes every commander around Rs 85 Lakh and around Rs 3 Lakh to the lowest paid employees.
Quantum that workers stand up to lose below the resolution plan are very surprising.” Cash payment proposed by the Kalrock-road for each worker is the amount Tokens of Rs 11,000 and then Rs 5,100 on medical replacement for workers’ parents, Rs 6,200 as a replacement for workers and one-time mobile refilling from Rs 500.
Amit Aircraft Career Jet Career Association Welfare Association has been jet for 24 years.
“We and our lawyer team are studying NCLT orders and other related documents in detail and will make decisions after carefully considering all aspects,” he said.
Jet Airways has suspended his flight in April 2019.
In October last year, the Jet Airways Creditors Committee approved the resurrection plan delivered by the Kalrock-road consortium.
It is proposed to invest RS 600 Crore to pay creditors to obtain around 90% of the shares in the operator.
Jet owes staff up to RS 85L, planning to pay RS 23K
