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Court Rules Jet Airways Staff Must Receive Full PF and Pension Dues

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A court has ruled that former Jet Airways employees are entitled to receive their full provident fund, gratuity, and pension dues. The decision marks a setback for SBI and seven other lenders who had staked a claim on these funds. The banks had argued that these employee dues should be treated as part of the liquidation estate under the Insolvency and Bankruptcy Code. The ruling effectively prioritizes employee rights over lender claims in the distribution of Jet Airways' remaining assets.

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