NCLT to hear aircraft lessor Wilmington's insolvency plea against SpiceJet on June 16

In May, Wilmington Trust SP Services, along with SpiceJet's two other lessors Sabarmati Aviation Leasing and Falgu Aviation Leasing, had approached aviation regulator DGCA for deregistration of three planes of the airline. The NCLT, in May, had issued a notice to the Ajay Singh-promoted private carrier on a petition filed by an aircraft lessor seeking initiation of insolvency resolution proceedings.

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