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 Court-V, Special Bench heard matters under Section 9 of the Insolvency and Bankruptcy Code (IBC) involving AWAS 36694 Ireland Limited as the Applicant/Operational Creditor and Spicejet Limited as the Respondent/Corporate Debtor. The case bears item number IB-179/ND/2024. The hearing was conducted in hybrid mode (physical and video conference). Both parties were represented by legal counsel. The Operational Creditor's counsel confirmed they had filed written submissions. The Tribunal noted that common written submissions had been filed across three connected matters (IB-178/ND/2024, IB-179/ND/2024 & IB-180/ND/2024) and were reflected in the Document Management System (DMS) for this case. The Corporate Debtor's Senior Counsel, Mr. Krishnendu Datta, was present, and their written submissions were also noted as being available on the e-portal.
Final Outcome
The Tribunal reserved its order in the matter. The bench comprised Hon'ble Member (Judicial) Shri Mahendra Khandelwal and Hon'ble Member (Technical) Ms. Anu Jagmohan Singh.
Topics: Insolvency Proceedings, Aviation Sector, Legal Dispute