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AIRCASTLE
Aircastle withdraws insolvency case against SpiceJet after settlementSpiceJet and Aircastle reached a settlement, ending their legal battle. The airline agreed to pay $5 million. This resolves a $23 million d...- Engine Lease Finance moves insolvency plea against SpiceJetSpiceJet, a low-budget airline, has filed an insolvency plea against its debt-ridden debtor, Engine Lease Finance BV, over non-payment of o...
- NCLT asks SpiceJet to file reply to Aircastle's petition in 15 daysThe National Company Law Tribunal (NCLT) has directed SpiceJet to respond within 15 days to Aircastle's insolvency petition. The tribunal w...
- Wilmington Trust approaches NCLAT, files Insolvency appeal against SpiceJetAircraft lessor Wilmington Trust SP Services has moved NCLAT, filing an appeal against an earlier order of NCLT, which had dismissed its in...
- NCLT reserves order in Aircastle’s insolvency case against SpicejetNCLT has reserved its order in the insolvency petition filed by Aircastle Limited against SpiceJet. Aircastle's petition has been questione...
- NCLT dismisses Wilmington’s insolvency plea against SpicejetThe National Company Law Tribunal (NCLT) dismissed Wilmington Trust SP Service’s (Dublin) Ltd insolvency petition against Spicejet Limited....
- Insolvency petitions filed by lessors not maintainable: SpiceJetThe low-cost airline informed the National Company Law Tribunal that Wilmington was not the owner of the aircraft leased by it and so it is...
- SpiceJet questions the maintainability of insolvency petitions by aircraft lessors Wilmington and CelestialSpicejet is challenging the insolvency petitions filed against it by aircraft lessors Wilmington Trust SP Services and Celestial Aviation S...
- Aircraft lessor rejects SpiceJet's offer to issue shares against duesSpiceJet had reached out to multiple lessors - some of which have approached the National Company Law Tribunal (NCLT) to initiate insolvenc...
- SpiceJet questions maintainability of Wilmington’s insolvency pleaSpiceJet has disputed the merit of an application by Wilmington Trust SP Services to start insolvency proceedings against SpiceJet. Wilming...
- NCLT seeks explanation from SpiceJet on lessor’s petitionsWhile the tribunal noted that a notice could be issued in the matter, the senior counsel for the airline asked for a day's time to study th...
- SpiceJet questions maintainability of petition filed by aircraft lessorsAircastle (Ireland) told the NCLT Monday that it was within its right to file multiple petitions against defaults by SpiceJet on multiple c...
- NCLT adjourns aircraft lessor's insolvency plea against SpiceJetThe National Company Law Tribunal has postponed the insolvency proceedings against SpiceJet airline filed by Wilmington SP Trust Services u...
- Maintainability of Aircastle’s second insolvency petition against Spicejet questioned by NCLTWhile the petitioner requested a notice be issued to Spicejet, the court refused and listed the petition on the same day as the earlier one...
- Fresh plea filed against SpiceJet by aircraft lessor AircastleA day earlier, the NCLT had adjourned the hearing of a similar plea filed by lessor Wilmington against the airline. The matter is likely to...
- NCLT adjourns the Wilmington Trust insolvency plea against SpiceJetThis is the third case filed by the company against the airline. Two other cases under Section 9 of the Insolvency and Bankruptcy Code, 201...
- Aircastle gets two weeks to frame a reply to SpiceJetAircastle (Ireland) has been granted two weeks by the National Company Law Tribunal (NCLT) to respond to Spicejet's application opposing th...
- SpiceJet case: Petitioner gets time for rejoinderAircastle (Ireland) had filed a petition against Spicejet under section 9 of the Insolvency & Bankruptcy Code 2016 on April 28, based on wh...
- SpiceJet's offer to settle unpaid dues not good enough, lessor tells India tribunalThe Ireland-based lessor earlier this month sought to initiate bankruptcy proceedings against SpiceJet over non payment of lease rentals an...
- NCLT issues notice to SpiceJet on aircraft lessor's insolvency petitionA two-member Principal bench of the NCLT headed by President Ramalingam Sudhakar issued the notice to SpiceJet and directed to list the mat...
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