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.

Sep 23, 2024 - 15:30

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.