SpiceJet Bankruptcy Petitions to Be Reheard in Fresh Setback for Lessors

An Indian tribunal ruled on Wednesday that bankruptcy petitions against SpiceJet will be heard afresh by a new bench. The National Company Law Tribunal (NCLT) had already prepared a judgment on eight petitions, but the airline reached a last-minute settlement with one lessor, forcing the petition’s withdrawal. Because the judgment needed to be rewritten and […]