Three aircraft lessors filed insolvency pleas against the low-cost carrier SpiceJet in the National Company Law Tribunal (NCLT) on Thursday over a default of Rs 77 crore. The tribunal has issued notice to SpiceJet regarding the three insolvency pleas filed by aircraft lessors AWAS 36698 Ireland, AWAS 36694 Ireland, and AWAS 36695 Ireland. The matter has been deferred to May 30.
Senior Advocate Pramod Nair, representing the lessors, stated that the plea has been filed based on the judgment of the High Court of the UK and the contract between the parties.
