NCLT To Hear Spicejet Insolvency Plea Today | Business News Today | News9

Описание: The NCLT has requested SpiceJet, to submit a response to the lessor's insolvency petition and examine potential settlement options, if feasible. Aircastle, the lessor, has confirmed that previous settlement discussions with SpiceJet were unsuccessful, as the airline's offer was deemed inadequate. The creditor has approached the National Company Law Tribunal (NCLT), alleging unpaid dues by SpiceJet, and has requested the initiation of insolvency proceedings under Section 9 of the Insolvency and Bankruptcy Code (IBC).
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