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SPICEJET INSOLVENCY PLEA
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 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...
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...
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...
Willis Lease Finance not an operational creditor: SpiceJetThe senior counsel appearing for SpiceJet claimed that the lessor was neither the operational creditor nor an assignee to the leases signed...
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...
NCLT questions maintainability of insolvency plea filed against SpiceJetPresently SpiceJet is facing other insolvency pleas before the NCLT also, filed by aircraft lessors Aircastle and Wilmington. The NCLT post...
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...
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 to hear aircraft lessor Wilmington's insolvency plea against SpiceJet on June 16In May, Wilmington Trust SP Services, along with SpiceJet's two other lessors Sabarmati Aviation Leasing and Falgu Aviation Leasing, had ap...
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...