NEW DELHI: An aircraft lessor, Aircastle, has filed insolvency resolution proceedings against cash-strapped SpiceJet and the National Company Law Tribunal (NCLT) will hear this case next week. The NCLT website shows two more petitions for insolvency resolution proceedings against SpiceJet are pending. Engine supplier Willis Lease Finance Corporation filed its plea on April 12 and Acres Buildwell has filed on February 4 against SpiceJet which has for several months been defaulting on statutory payments like PF to employees and depositing their tax deducted at source (TDS).
Ireland-based aircraft lessor Aircastle filed the petition against SpiceJet on April 28 and it will be heard by NCLT’s principal bench on May 8, according to the tribunal’s website. Commenting on this, a SpiceJet spokesperson said: “Presently there are no aircraft from this lessor in our fleet.
