NCLT to hear aircraft lessor Wilmington’s insolvency plea against SpiceJet on June 16
The National Company Law Tribunal (NCLT) on Monday scheduled the next hearing of aircraft lessor Wilmington’s plea against SpiceJet on June 16, 2023, reported news agency ANI.
Wilmington had moved the NCLT to start insolvency proceedings against SpiceJet.
In May, Wilmington Trust SP Services, along with SpiceJet’s two other lessors Sabarmati Aviation Leasing and Falgu Aviation Leasing, had approached aviation regulator DGCA for deregistration of three planes of the airline.
The NCLT, in May, had issued a notice to the Ajay Singh-promoted private carrier on a petition filed by an aircraft lessor seeking initiation of insolvency resolution proceedings.
