NCLT seeks explanation from SpiceJet on lessor’s petitions
While the tribunal noted that a notice could be issued in the matter, the senior counsel for the airline asked for a day’s time to study the judgments. The matter is listed for August 18, along with a petition filed by yet another lessor Wilmington Trust SP Services (Dublin) Ltd. Spicejet has been arguing against the maintainability of Wilmington’s petition claiming that it is a subsidiary of Aircastle (Ireland) Ltd.
