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
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 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
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
Spicejet and aircraft lessor Celestial Aviation in advanced stages of settlementSpicejet and Celestial Aviation Services Ltd are in advanced stages of settlement over a default of $29.9 million for nine aircraft. The ma...
10 Oct, 2023, 01.57 PM 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
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...
11 Aug, 2023, 05.30 PM IST
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...
09 Aug, 2023, 12.35 AM IST
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...
22 Jul, 2023, 12.45 AM IST
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...
05 Jul, 2023, 12.22 AM 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
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...
17 Jun, 2023, 12.44 AM IST
NCLT adjourns the Wilmington Trust insolvency plea against SpiceJetThis is the third case filed by the company against the airline. Two other cases under Section 9 of the Insolvency and Bankruptcy Code, 201...
12 Jun, 2023, 05.54 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