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NCLT questions maintainability of Aircastle's second insolvency plea against SpiceJet

According to the tribunal, a creditor is entitled to file one insolvency plea at a time and if the corporate debtor is admitted to insolvency, the creditor could lodge a consolidated claim with the resolution professional.

Dublin , Ireland , Ramalingam-sudhakar , National-company-law-tribunal , Aircastle-ireland , Spicejet , Wilmington-trust-sp-services-dublin-ltd , Bankruptcy-code , Wills-aviation , Wilmington-trust , Nclt , Picejet