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SPICEJET ENGINE PLEA
Delhi HC directs senior SpiceJet officials to appear over non-payment of duesSpiceJet's COO and CEO have been summoned by the Delhi High Court over unpaid dues of over USD 6.03 lakh to aircraft engine lessors. The co...
Delhi HC asks SpiceJet to respond to lessors' execution petition on return of aircraft enginesThe Delhi High Court has directed SpiceJet to ground three aircraft engines and hand them over to their lessors. The court has asked the ai...
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 ...
Delhi HC agree to hear SpiceJet's plea challenging order to ground three engines and return them to their lessorsThe Delhi High Court has agreed to consider SpiceJet's plea challenging an order to ground three engines and return them to their lessors w...
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...
Willis Lease Finance Corporation tells NCLT has the right to file a plea against SpicejetWLFC said that its service agreement with four operational creditors, read along with the lease agreements and emails from Spicejet acknowl...
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...
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...
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...
Supreme Court stays for three weeks order to wind up SpiceJetThe winding up petition was filed by Credit Suisse AG, which claimed that SpiceJet was indebted to it for more than USD 24 million and alle...
SC agrees to hear SpiceJet's plea against order to wind up operationsAccording to Credit Suisse AG, a stock corporation registered under the laws of Switzerland, SpiceJet had failed to honor its commitment to...