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-...
14 Oct, 2024, 11.46 PM IST
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...
24 Sep, 2024, 11.25 AM IST
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 ...
23 Sep, 2024, 02.55 PM IST
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...
13 Jun, 2024, 10.27 PM IST
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...
29 May, 2024, 07.45 PM IST
NCLT notice to SpiceJet on 3 insolvency pleas filed by lessors for arrears worth Rs 77 croreNCLT issued notice to SpiceJet over insolvency petitions by lessors AWAS 36698, AWAS 36694, AWAS 36695 for ₹77 crore arrears. Legal argumen...
19 Apr, 2024, 12.39 AM IST
Wilmington moves NCLAT in SpiceJet insolvency caseWilmington Trust SP Services contended that as a trustee, it could file an insolvency petition on behalf of operational creditors, which wa...
22 Mar, 2024, 12.42 AM IST
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...
20 Mar, 2024, 09.00 PM IST
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...
13 Oct, 2023, 03.51 PM IST
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...
17 Jul, 2023, 11.08 PM IST
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...
04 Jul, 2023, 09.27 PM IST
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...
13 Jun, 2023, 05.55 PM IST
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...
12 Jun, 2023, 02.47 PM IST
Aircraft lessor Wilmington moves NCLT to begin insolvency proceedings against SpiceJetIn May, Wilmington Trust SP Services, along with the airline's two other lessors Sabarmati Aviation Leasing and Falgu Aviation Leasing had ...
11 Jun, 2023, 11.46 PM IST
- SpiceJet case: Petitioner gets time for rejoinder
Aircastle (Ireland) had filed a petition against Spicejet under section 9 of the Insolvency & Bankruptcy Code 2016 on April 28, based on wh...
07 Jun, 2023, 12.35 AM IST
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...
08 May, 2023, 02.58 PM IST
NCLAT dismisses insolvency plea against SpiceJetThe appellate tribunal said there was nothing on record to suggest that the demand notice relating to invoices issued by Ramco System was f...
12 May, 2019, 07.18 PM IST