Fresh trouble for SpiceJet as 3 aircraft lessors, former pilot file insolvency pleasSpiceJet is facing insolvency pleas from three Ireland-based aircraft lessors and a former pilot due to alleged defaults totaling USD 12.68...
08 Mar, 2025, 01.49 PM IST
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...
18 Nov, 2024, 07.59 PM IST
SC reserves verdict on plea against NCLAT order transferring Jet Airways to winning bidderThe Supreme Court reserved its decision on an appeal by SBI and other creditors against NCLAT's approval to transfer Jet Airways ownership ...
16 Oct, 2024, 02.01 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 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
Boom, bust and a possible revival: The Jet Airways story so farThe Jalan Kalrock consortium has successfully obtained renewal for the Airport Operator Certificate (AOC) of Jet Airways from the Directora...
31 Jul, 2023, 10.19 AM 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
Lenders seek stay on Jet's transfer to Jalan-Kalrock ConsortiumThe NCLT had approved the transfer of Jet Airways' ownership on January 13, despite the lenders' contention that the consortium had not ful...
25 Jan, 2023, 10.29 AM IST
NCLT approves Jalan Kalrock ownership of Jet AirwaysThis comes as the consortium has appealed to the Supreme Court against a separate ruling by the National Company Law Appellate Tribunal (NC...
14 Jan, 2023, 11.16 AM IST
Jalan-Kalrock consortium approaches NCLT to fast-track Jet Airways resolutionThe Murari Lal Jalan and Florian Fritsch consortium, which emerged as the winning bidder for Jet Airways after the completion of the resolu...
17 Dec, 2021, 08.13 PM IST
Jet Airways insolvency resolution journeyA brief timeline of the insolvency resolution process of Jet Airways, which started off as an air tax operator in 1993 and became a schedul...
22 Jun, 2021, 08.46 PM IST
Slots for Jet Airways will be based on existing norms, not historicity: Government tells NCLTJet Airways, which shuttered operations in April 2019, is undergoing resolution process under the Insolvency and Bankruptcy Code (IBC). The...
04 Jun, 2021, 07.28 PM IST
Slot allotment issue expected to be resolved soon: Jet Airways' stakeholders tell NCLTAccording to them, there were two meetings held between the winning bidders for Jet Airways -- UAE-based businessman Murari Lal Jalan and U...
05 Apr, 2021, 10.07 PM IST
Reports of taking Jet Airways to NCLT speculative: SBIReports earlier said SBI was mulling moving the NCLT to recover its loans from Jet as it felt the airline was running out of funds for oper...
25 Feb, 2019, 01.22 PM IST