Spicejet faces another insolvency plea from operational creditor; NCLT issues notice

The National Company Law Tribunal has issued a notice to SpiceJet based on a plea by Techjockey Infotech Pvt Ltd, which claims a default of Rs 1.2 crore. SpiceJet is facing multiple insolvency petitions and has raised Rs 3,000 crore through share sales to settle its liabilities with creditors.

Spicejet faces another insolvency plea from operational creditor; NCLT issues notice

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The National Company Law Tribunal has issued a notice to SpiceJet based on a plea by Techjockey Infotech Pvt Ltd, which claims a default of Rs 1.2 crore. SpiceJet is facing multiple insolvency petitions and has raised Rs 3,000 crore through share sales to settle its liabilities with creditors.