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SPICEJET ENGINES CASE
Sunbird takes SpiceJet to HC over $8 million unpaid lease duesSunbird France has approached the Delhi High Court to enforce a UK court order. The order directs SpiceJet to pay approximately $8 million ...- 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...
- SpiceJet shares in focus after Delhi HC summons CEO, COO over non-payment of duesSpiceJet shares will be in focus on Tuesday after the Delhi High Court directed the airline’s CEO and COO to appear in court over non-payme...
- 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...
- 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 gets weekend task from SC to stop losing three engines to lessorsThe Supreme Court instructed SpiceJet to negotiate with its lessors over the weekend regarding three engines that must be returned due to n...
- Delhi HC upholds its order directing SpiceJet to return leased engines amid financial strugglesThe Delhi High Court upheld an order requiring SpiceJet to ground and return three engines to lessors Team France 01 SAS and Sunbird France...
- Delhi HC asks SpiceJet's CFO to appear before it if airline fails to make balance payment to its engine lessorsThe Delhi High Court demanded SpiceJet's CFO appear on August 8 if the airline doesn't pay Rs 20 crore to engine lessors. SpiceJet is raisi...
- SpiceJet's CFO Ashish Kumar quits; Joyakesh Podder appointed Deputy Chief Financial OfficerOn Tuesday, SpiceJet announced that Ashish Kumar, the Head of Finance and Chief Financial Officer, will be departing the company to pursue ...
- Legal trouble for SpiceJet: Delhi HC orders registration of contempt case for failing to return engine to lessorSpiceJet Contempt Notice: The Delhi High Court orders contempt case against SpiceJet directors for failing to comply with court orders to h...
- 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...
- 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...
- Delhi HC asks SpiceJet to pay $4.8 mn to engine lessors in four instalmentsIndian carrier SpiceJet has been directed by the Delhi High Court to pay $4.8 million in four instalments as an interim arrangement to cont...
- SpiceJet case: Third party agency to inspect condition of engine to avoid dispute later on, HC saysThe Delhi High Court asked for the name of a third-party agency to inspect and certify the condition of SpiceJet's engine, which was leased...
- Delhi HC seeks SpiceJet's response on lessor's offer to re-deliver a leased engineDirecting the SpiceJet's senior counsel to take instructions from the airline if they can deliver the engine in terms of clause 20 of the 2...
- Pay $4 m to lessors by Feb 15: HC to SpiceJetJustice Pratibha Singh noted that in terms of the previous order, SpiceJet had paid $450,000, but the rest of the money was yet to be paid....
- WLFC asks NCLT to issue notice in Spicejet insolvency caseThe senior counsel for WLFC argued that the company was within its rights to file an insolvency petition Spicejet under Section 9 of the In...
- SpiceJet insolvency plea maintainable, WLFC tells NCLTEngine Lessor Willis Lease Finance Corporation (WLFC) Tuesday argued that the insolvency petition filed by the company against airline Spic...
- 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...
- SpiceJet says Madras High Court has stayed earlier order of winding up the airlineIn a filing to BSE, the budget carrier said the Madras High Court had on Monday issued an order of "winding up SpiceJet and appointment of ...
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