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NCLT to listen to SpiceJet insolvency plea subsequent wk

SpiceJet too seems to be facing headwinds, with a lessor filing a plea seeking insolvency resolution proceedings against the no-frills airline and the petition is scheduled for hearing before the National Company Law Tribunal (NCLT) next week. It also comes at a time when competitor and cash-starved Go First has cancelled flights and has filed…

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SpiceJet too appears to be like to be going by technique of headwinds, with a lessor filing a plea hunting for insolvency resolution complaints in opposition to the no-frills airline and the petition is scheduled for listening to sooner than the National Firm Law Tribunal (NCLT) subsequent week. It additionally comes at a time when competitor and money-starved Scramble First has cancelled flights and has filed for voluntary insolvency resolution complaints…
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