Wilmington Trust SP Services contended that as a trustee, it could file an insolvency petition on behalf of operational creditors, which wa...

Aircraft lessor Wilmington Trust SP Services has moved NCLAT, filing an appeal against an earlier order of NCLT, which had dismissed its in...

The National Company Law Tribunal (NCLT) dismissed Wilmington Trust SP Service’s (Dublin) Ltd insolvency petition against Spicejet Limited....

The 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 is challenging the insolvency petitions filed against it by aircraft lessors Wilmington Trust SP Services and Celestial Aviation S...

SpiceJet had reached out to multiple lessors - some of which have approached the National Company Law Tribunal (NCLT) to initiate insolvenc...

SpiceJet has disputed the merit of an application by Wilmington Trust SP Services to start insolvency proceedings against SpiceJet. Wilming...

While 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...

Aircastle (Ireland) told the NCLT Monday that it was within its right to file multiple petitions against defaults by SpiceJet on multiple c...

The National Company Law Tribunal has postponed the insolvency proceedings against SpiceJet airline filed by Wilmington SP Trust Services u...

While the petitioner requested a notice be issued to Spicejet, the court refused and listed the petition on the same day as the earlier one...

A day earlier, the NCLT had adjourned the hearing of a similar plea filed by lessor Wilmington against the airline. The matter is likely to...

This 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 (Ireland) has been granted two weeks by the National Company Law Tribunal (NCLT) to respond to Spicejet's application opposing th...

Aircastle (Ireland) had filed a petition against Spicejet under section 9 of the Insolvency & Bankruptcy Code 2016 on April 28, based on wh...

The Ireland-based lessor earlier this month sought to initiate bankruptcy proceedings against SpiceJet over non payment of lease rentals an...

A two-member Principal bench of the NCLT headed by President Ramalingam Sudhakar issued the notice to SpiceJet and directed to list the mat...