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
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
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.
07 Jun, 2024, 11.48 PM IST
Engine Lease Finance files fresh insolvency plea against SpiceJetEngine Lease Finance is the latest of engine lessors that have approached courts accusing SpiceJet of defaulting on payments and seeking re...
30 May, 2024, 01.13 AM 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 asks SpiceJet to file reply to Aircastle's petition in 15 daysThe National Company Law Tribunal (NCLT) has directed SpiceJet to respond within 15 days to Aircastle's insolvency petition. The tribunal w...
08 May, 2024, 12.44 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
NCLT reserves order in Aircastle’s insolvency case against SpicejetNCLT has reserved its order in the insolvency petition filed by Aircastle Limited against SpiceJet. Aircastle's petition has been questione...
05 Mar, 2024, 10.59 AM IST
NCLT dismisses Wilmington’s insolvency plea against SpicejetThe National Company Law Tribunal (NCLT) dismissed Wilmington Trust SP Service’s (Dublin) Ltd insolvency petition against Spicejet Limited....
29 Jan, 2024, 07.54 PM IST
Spicejet and Celestial Aviation trying to settle; NCLT adjourns to February 26The budget airline is facing insolvency petitions from other aircraft lessors and one of its vendors as well and is also involved in litiga...
18 Jan, 2024, 06.19 PM IST
SpiceJet and Celestial move closer to settlement; NCLT grants more timeThe counsels for both sides informed the tribunal that Spicejet had made some payments to Celestial Aviation Services Ltd and asked for the...
07 Dec, 2023, 12.36 PM IST
NCLT junks insolvency plea against SpiceJetOn Monday, the National Company Law Tribunal rejected Willis Lease Finance Corporation's insolvency plea against SpiceJet. The petition, ci...
05 Dec, 2023, 12.10 AM IST
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...
09 Oct, 2023, 06.20 PM IST
SpiceJet questions the maintainability of insolvency petitions by aircraft lessors Wilmington and CelestialSpicejet is challenging the insolvency petitions filed against it by aircraft lessors Wilmington Trust SP Services and Celestial Aviation S...
15 Sep, 2023, 02.14 PM IST
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...
19 Aug, 2023, 12.40 AM 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 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