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Dublin-based Aircastle seeks insolvency proceedings against SpiceJet

The next and latest in line after Go First, SpiceJet airline is facing bankruptcy proceedings as the Ireland-based aircraft lessor Aircastle Ltd has moved the principal bench of the National Company Law Tribunal (NCLT) to launch a bankruptcy process against the airline.

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Go First Airline Insolvency Update: DGCA Bars Ticket Sales, Lessors To Deregister 36 Planes

Go First Airline, on May 2, filed an application for voluntary insolvency resolution proceedings with NCLT, following a severe cash crunch. 

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SpiceJet Airline In Trouble, Ireland-Based Lessor Seeks Bankruptcy Proceedings

Amidst Go First bankruptcy, NCLT will hear the insolvency plea filed by Aircastle against SpiceJet on May 17, while SC will also hear Credit Suisse contempt plea against the airline.

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Go First requests NCLT to take early decision on its voluntary insolvency resolution plea

(This story has not been edited by THE WEEK and is auto-generated from a PTI

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SpiceJet insolvency case: NCLT to hear plea on May 17

Aircraft lessor Aircastle moved NCLT claiming SpiceJet has unpaid dues pending and has sought initiation of Corporate Insolvency Resolution Process (CIRP) proceedings under Section 9 of the Insolvency and Bankruptcy Code (IBC).

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NCLT issues notice to SpiceJet on aircraft lessor's insolvency petition

The National Company Law Tribunal on Monday issued a notice to SpiceJet on a petition filed by an aircraft lessor seeking initiation of insolvency resolution proceedings against the budget carrier and the next hearing is scheduled for May 17.

The petition was filed by Aircastle (Ireland) Ltd.

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Tribunal Notice To SpiceJet On Foreign Aircraft Lessor's Insolvency Request

The National Company Law Tribunal today issued a notice to SpiceJet on a petition filed by an aircraft lessor seeking initiation of insolvency resolution proceedings against the budget carrier and the next hearing is scheduled for May 17.

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'There was no adverse ruling': SpiceJet on NCLT issuing notice on aircraft lessor's insolvency petition

NCLT on Monday issued a notice to SpiceJet on a petition filed by an aircraft lessor seeking initiation of insolvency resolution proceedings against the budget carrier

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GoFirst urges NCLT to expedite decision on insolvency resolution petition

New Delhi, 08 May (Hindustan Times). Airlines company GoFirst has requested the National Company Law Tribunal (NCLT) to take an early decision on the | BLiTZ

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National Company Law Tribunal ( NCLT) | Go First requests National Company Law Tribunal to take early decision on its voluntary insolvency resolution plea

The counsels requested the tribunal to take an early decision on its plea, saying that lessors have started deregistering the airline's aircraft

Ramalingam-sudhakar , Pranjal-kishore , Pratt-whitney , National-company-law-tribunal , President-ramalingam , Directorate-general , Civil-aviation , National-company-law-tribunal-nclt- , O-first ,