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NCLAT upholds full PF, gratuity payments for Jet Airways employees
In a landmark decision, the NCLAT has ruled that former Jet Airways employees are entitled to their full provident fund and gratuity dues, even if separate accounts weren't maintained. Financial creditors' appeals were dismissed, affirming these statutory dues must be paid outside the liquidation estate. While salary claims will follow the IBC's waterfall, this ruling offers significant relief to workers.
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thehindu.com
NCLAT upholds PF, gratuity dues for Jet Airways employees, rejects SBI appeal
NCLAT rules in favour of Jet Airways employees, ensuring full payment of PF and gratuity dues, rejecting SBI's appeal.
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economictimes.indiatimes.com
NCLAT upholds full PF, gratuity payments for Jet Airways employees
In a landmark decision, the NCLAT has ruled that former Jet Airways employees are entitled to their full provident fund and gratuity dues, even if separate accounts weren't…