{"id":621220,"date":"2023-12-05T12:55:52","date_gmt":"2023-12-05T07:25:52","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=621220"},"modified":"2023-12-05T12:55:52","modified_gmt":"2023-12-05T07:25:52","slug":"nclt-junks-insolvency-plea-against-spicejet","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/nclt-junks-insolvency-plea-against-spicejet\/","title":{"rendered":"NCLT junks insolvency plea against SpiceJet"},"content":{"rendered":"<p>The National Company Law Tribunal on Monday dismissed the insolvency petition filed by Willis Lease Finance Corporation against budget airline SpiceJet. Willis Lease Finance Corporation had filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, against SpiceJet for default of $6.58 million or Rs 53.96 crore for 107 invoices for 11 engines leased by four separate entities in April.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The National Company Law Tribunal on Monday dismissed the insolvency petition filed by Willis Lease Finance Corporation against budget airline SpiceJet. Willis Lease Finance Corporation had filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, against SpiceJet for default of $6.58 million or Rs 53.96 crore for 107 invoices for 11 engines leased by four separate entities in April.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-621220","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/621220","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=621220"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/621220\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=621220"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=621220"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=621220"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}