Authority: National Company Law Tribunal, New Delhi Court-V (Special Bench)
Order Date: 15 July 2026
Case Overview
This matter involves an application (IB-180/ND/2024) filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC). The applicant/operational creditor is AWAS 36695 Ireland Limited, and the respondent/corporate debtor is SpiceJet Limited. The hearing was conducted in a hybrid mode (physical and video conference). Learned counsel for the operational creditor was present and informed the tribunal that they had filed their written submissions. It was noted that common written submissions had been filed for three interconnected petitions: IB-178/ND/2024, IB-179/ND/2024, and the present petition IB-180/ND/2024. These common submissions were reflected in the Digital Management System (DMS) under IB-179/2024. Senior Advocate Mr. Krishnendu Datta, representing the corporate debtor (SpiceJet), was also present, and their written submissions were confirmed to be available on the e-portal.
Final Outcome
The bench, comprising Shri Mahendra Khandelwal (Hon'ble Member - Judicial) and Ms. Anu Jagmohan Singh (Hon'ble Member - Technical), reserved its order in the matter. The final ruling on the admission or dismissal of the insolvency petition against SpiceJet is pending and will be delivered at a later date.
Topics: Insolvency, Aviation, Legal Proceedings