Two more insolvency pleas against SpiceJet, NCLT issues notice over Sabarmati Aviation plea

Two more insolvency petitions were filed against SpiceJet at the National Company Law Tribunal (NCLT) on Monday by Sabarmati Aviation and JetAir 17. The NCLT issued a notice to SpiceJet regarding Sabarmati’s claim, while asking JetAir 17 to provide additional documents to support its $27 million claim. SpiceJet disputed JetAir 17’s claims, asserting that it had no lease agreement with the company.