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Retailopædia

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Insolvency & Creditor-Worker Priority Dispute confidence 82/100

SBI Challenges Worker Protections in Jet Airways Insolvency, Argues PF and Gratuity Exclusions Are Conditional

State Bank of India contends that Section 36(4) IBC shields for provident fund and gratuity dues apply only when separate funds were maintained — a test Jet Airways allegedly failed, potentially subordinating employee claims.

bt-corporate · 7/1/2026, 5:17:01 AM · Ask about this →