{"id":584224,"date":"2023-06-14T09:20:31","date_gmt":"2023-06-14T03:50:31","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=584224"},"modified":"2023-06-14T10:02:28","modified_gmt":"2023-06-14T04:32:28","slug":"nclt-to-hear-second-plea-of-aircastle-against-spicejet-on-june-17","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/nclt-to-hear-second-plea-of-aircastle-against-spicejet-on-june-17\/","title":{"rendered":"NCLT to hear second plea of Aircastle against Spicejet on June 17"},"content":{"rendered":"<p>The National Company Law Tribunal (NCLT) Delhi will hear on June 17 the maintainability of aircraft lessor Aircastle (Ireland) Limited&#8217;s second insolvency petition against low-cost carrier SpiceJet. <\/p>\n<p>The NCLT on Tuesday asked Aircastle&#8217;s counsel to explain how the second plea was maintainable against the same defaulter(SpiceJet). <\/p>\n<p>The first plea filed by Dublin-based Aircastle in NCLT on April 28 was to initiate insolvency proceedings against the airline under Section 9 (application for initiation of corporate insolvency resolution process by the operational creditor) of the Insolvency and Bankruptcy Code(IBC) for unpaid dues of 49-odd crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The National Company Law Tribunal (NCLT) Delhi will hear on June 17 the maintainability of aircraft lessor Aircastle (Ireland) Limited&#8217;s second insolvency petition against low-cost carrier SpiceJet. The NCLT on Tuesday asked Aircastle&#8217;s counsel to explain how the second plea was maintainable against the same defaulter(SpiceJet). The first plea filed by Dublin-based Aircastle in NCLT on April 28 was to initiate insolvency proceedings against the airline under Section 9 (application for initiation of corporate insolvency resolution process by the operational creditor) of the Insolvency and Bankruptcy Code(IBC) for unpaid dues of 49-odd crore.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-584224","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/584224","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=584224"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/584224\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=584224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=584224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=584224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}