Aircraft lessor Aircastle on Tuesday moved the National Company Law Tribunal (NCLT) with a second plea to start insolvency proceedings against budget carrier SpiceJet for unpaid dues.
Aircastle had filed its first plea in April. The tribunal has asked the lessor’s counsel to present legal precedents of two pleas being filed by one plaintiff in the same case. NCLT will hear the matter on July 17.
Besides Aircastle, pleas by aircraft lessor Wilmington Trust SP Services (Dublin) and engine lessor Willis lease finance are already pending at the tribunal.
