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Aviation
ELF insolvency petition against SpiceJet to be heard by NCLT on August 2

ELF insolvency petition against SpiceJet to be heard by NCLT on August 2

  SpiceJet has faced an insolvency plea from engine lessor ELF, citing the airline's default on lease payments since April 2021. Initially, SpiceJet raised technical objections to ELF's plea, but the tribunal allowed ELF to

Aviation
SpiceJet faces insolvency threat

SpiceJet faces insolvency threat

  Engine Lease Finance Files Insolvency Plea Against SpiceJet Over Unpaid Debt Engine Lease Finance BV (ELF), a leading aircraft engine lessor of SpiceJet, has filed an insolvency petition before the National Company Law Tribunal

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