Authority: National Company Law Tribunal, New Delhi Court-V (Special Bench)
Order Date: 15 July 2026
Case Overview
The National Company Law Tribunal (NCLT) New Delhi heard an insolvency petition filed under Section 9 of the Insolvency and Bankruptcy Code (IBC) by AWAS 36698 Ireland Limited against SpiceJet Limited. The matter was heard by a special bench comprising Hon'ble Member (Judicial) Shri Mahendra Khandelwal and Hon'ble Member (Technical) Ms. Anu Jagmohan Singh through a hybrid hearing (physical and video conference).
Both parties were represented by legal counsel. The Operational Creditor (AWAS 36698 Ireland Limited) submitted that they had filed written submissions. The Tribunal noted that common written submissions had been filed across three connected cases: IB-178/ND/2024, IB-179/ND/2024, and IB-180/ND/2024, which were reflected in the Document Management System (DMS) under IB-179/2024. Senior Counsel Mr. Krishnendu Datta, representing the Corporate Debtor (SpiceJet Limited), was present, and their written submissions were also reflected on the e-portal.
Final Outcome
The Tribunal reserved its judgment in the matter. No final ruling, penalties, or directions were issued in this order, which serves as a procedural update indicating that the case is under consideration and a decision will be delivered at a later date.
Topics: Insolvency Proceeding, Aviation Sector, Legal Judgment