Insolvency: SpiceJet faces 2 more pleas – Times of India-OxBig News Network

NEW DELHI: Two more insolvency petitions were filed by Sabarmati Aviation and JetAir 17 against budget carrier SpiceJet at the NCLT on Monday.
The NCLT issued a notice to the airline over the plea by operational creditor Sabarmati Aviation while asking another complainant, JetAir 17, to file additional documents in support of its claims of $27 million.
During the proceedings, senior advocate Krishnendu Datta representing SpiceJet submitted that a reply would be filed over the plea of Sabarmati Aviation. He, however, opposed JetAir 17’s plea of contending that their claims as an operational creditor are disputed.
In the matter of JetAir 17, the NCLT asked the company to file additional documents to support its claims as SpiceJet contended that it has not entered into a lease agreement with it.

#Insolvency #SpiceJet #faces #pleas #Times #India

Business news,SpiceJet insolvency,SpiceJet creditor disputes,operational creditor Sabarmati Aviation,NCLT notice,JetAir 17 claims

latest news today, news today, breaking news, latest news today, english news, internet news, top news, oxbig, oxbig news, oxbig news network, oxbig news today, news by oxbig, oxbig media, oxbig network, oxbig news media

HINDI NEWS

Related News

More News

More like this
Related