NCLT notice to SpiceJet on 3 insolvency pleas filed by lessors for arrears worth Rs 77 crore
The National Company Law Tribunal (NCLT) on Thursday issued a notice to SpiceJet Ltd, seeking the budget airline’s response to three insolvency petitions filed against it by aircraft lessors over ₹77 crore of arrears.
The lessors – AWAS 36698 Ireland, AWAS 36694 Ireland and AWAS 36695 Ireland – contended that SpiceJet had not paid rentals and other charges for three planes they had leased to the airline on May 19, 2019.
