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SPICEJET CELESTIAL AVIATION
Two more insolvency pleas against SpiceJet, NCLT issues notice over Sabarmati Aviation pleaTwo more insolvency petitions were filed against SpiceJet at the National Company Law Tribunal (NCLT) on Monday by Sabarmati Aviation and J...- SpiceJet faces yet another insolvency proceeding by lessorSpiceJet Ltd is facing new insolvency proceedings initiated by aircraft lessor Aviator ML 29641 Ltd over ₹58 crore in unpaid dues. The low-...
- SpiceJet finalises settlement with Engine Lease Finance Corporation to resolve $16.7 mn liabilitiesSpiceJet has resolved its dispute with Engine Lease Finance Corporation (ELFC) through a settlement. ELFC had initially claimed $16.7 milli...
- Spicejet faces another insolvency plea from operational creditor; NCLT issues noticeThe National Company Law Tribunal has issued a notice to SpiceJet over a plea by Techjockey Infotech Pvt Ltd, claiming a default of Rs 1.2 ...
- NCLT to hear insolvency plea filed by Engine Lease Finance against SpiceJet on August 2The National Company Law Tribunal (NCLT) has sent a notice to SpiceJet following an insolvency plea initiated by Engine Lease Finance BV, a...
- Dispute with Raymach Tech settled: SpiceJet to NCLTSpiceJet Ltd settled a dispute with Raymach Technologies over ₹2.7 crore worth of unpaid dues at the National Company Law Tribunal.
- 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...
- SpiceJet takes ownership of Q400 aircraft from NAC to save more moneySpiceJet has secured ownership of six Q400 aircraft through a settlement with NAC, saving on monthly rentals and bolstering long-term finan...
- SpiceJet reaches settlement with Canada's EDC to resolve liabilities worth Rs 755 crSpiceJet announces a settlement agreement with Export Development Canada (EDC) to resolve liabilities amounting to Rs 755 crore, resulting ...
- 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...
- SpiceJet resolves Rs 413 cr dispute with Echelon Ireland Madison OneSpiceJet announced the resolution of its Rs 413 crore dispute with Echelon Ireland Madison One, resulting in savings of approximately Rs 39...
- SpiceJet settles Rs 93 crore dispute with lessorSpiceJet said that as part of the arrangement, the airline will also benefit from transfer of airframe and an engine at no additional cost,...
- SpiceJet settles ₹250 crore dispute with aircraft lessor Celestial AviationThe representatives of both parties informed a bench of NCLT last week that settlement terms had been reached, and thus requested an adjour...
- SpiceJet settles Rs 250 cr dispute with Celestial AviationSpiceJet has resolved its Rs 250 crore dispute with AerCap's subsidiary Celestial Aviation, announcing the mutual settlement of the $29.9 m...
- SpiceJet-celestial hearing deferred amid settlement talksCelestial Aviation confirmed that some payments by the airline. "Counsel of both sides are present and submitted that settlement talks are ...
- IndiGo co-founder Rakesh Gangwal weighs 'sizable' stake buy in SpiceJet: ReportIndiGo co-founder Rakesh Gangwal is reportedly considering purchasing a stake in rival budget carrier SpiceJet. The size of the stake is ex...
- 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...
- 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...
- NCLT suggests SpiceJet settle issues with aircraft lessorsOn Tuesday, the NCLT was hearing a plea filed by Celestial Aviation Services Ltd, an operational creditor that had filed a plea to initiate...
- 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...
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