Friday, Sep 26, 2025

"insolvency-bankruptcy-code"

Fresh trouble for SpiceJet as 3 aircraft lessors, former pilot file insolvency pleas

Three lessors - NGF Alpha, NGF Genesis and NGF Charlie- have filed petitions under Section 9 of IBC, seeking initiation of insolvency proceedings against SpiceJet claiming dues totalling USD 12.68 million

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