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SPICEJET INSOLVENCY
Another turbulence for SpiceJet? Falgu Aviation claims airline owes it Rs 67 croreFalgu Aviation Leasing Ltd has approached the NCLT against SpiceJet Ltd, seeking unpaid rental dues of Rs 67 crore for a leased Boeing 737....
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...
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 files fresh insolvency plea against SpiceJetEngine Lease Finance is the latest of engine lessors that have approached courts accusing SpiceJet of defaulting on payments and seeking re...
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 junks insolvency plea against SpiceJetOn Monday, the National Company Law Tribunal rejected Willis Lease Finance Corporation's insolvency plea against SpiceJet. The petition, ci...
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...
Lessor Willis' insolvency plea against SpiceJet put off till July 21The National Company Law Tribunal (NCLT) Tuesday adjourned the insolvency plea filed by aircraft engine lessor Willis Lease Finance Corpora...
No question of filing for insolvency, rumours completely baseless: SpiceJet’s Ajay SinghSpiceJet has denied any plans to file for insolvency and says it is concentrating on reviving its grounded fleet and restoring more planes ...
No plans for insolvency filing, focused on reviving grounded fleet, SpiceJet saysIndian low-cost carrier SpiceJet Ltd said on Thursday it had no plans to file for insolvency, days after the National Company Law Tribunal ...
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...