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.
A two-member Principal bench of the NCLT headed by President Ramalingam Sudhakar issued the notice to SpiceJet and directed to list the matter on May 17 for the next hearing.
A SpiceJet spokesperson said that in the Aircastle issue, notice was issued in normal course.
