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WILMINGTON TRUST
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...
Wilmington moves NCLAT in SpiceJet insolvency caseWilmington Trust SP Services contended that as a trustee, it could file an insolvency petition on behalf of operational creditors, which wa...
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...
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....
Insolvency petitions filed by lessors not maintainable: SpiceJetThe low-cost airline informed the National Company Law Tribunal that Wilmington was not the owner of the aircraft leased by it and so it is...
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...
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...
NCLT seeks explanation from SpiceJet on lessor’s petitionsWhile the tribunal noted that a notice could be issued in the matter, the senior counsel for the airline asked for a day's time to study th...
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...
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...
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...
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 ...
Financiers BOC Aviation, Wilmington Trust file claim against SpiceJetIndian carriers, like their global peers are cash-strapped due to an unprecedented impact on their business by Covid19. According to Planes...
Spicejet reaches out of court settlement with Irish lessorIn a blow to the airline, a single judge bench of the high court had on March 19 directed the DGCA to de-register six Boeing 737 aircraft g...
SpiceJet urges High Court to direct DGCA not to deregister its planesSpiceJet today moved Delhi High Court seeking orders to DGCA not to de-register its six aircraft leased from two foreign firms.
- GM goes under with $9.6 mn debt to ArcelorMittal
Bankrupt General Motors has to pay $9.55 million (about Rs 45 crore) in trade debt to the world's largest steel maker ArcelorMittal.