NCLT Issues Notices to SpiceJet Alleging Default Worth 77 Crore
18 Apr 2024
On April 18, the National Company Law Tribunal (NCLT) sent notifications to SpiceJet regarding three insolvency petitions filed by aircraft lessors AWAS 36698 Ireland, AWAS 36694 Ireland, and AWAS 36695 Ireland, citing a total default of ₹77 Crore. Representing the lessors, senior advocate Pramod Nair highlighted the petitions' basis on...
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