SpiceJet bankruptcy petitions to be reheard by India’s NCLT

India

First seen: Aug 19, 2026, 8:46 AM UTCUpdated: Aug 19, 2026, 5:17 PM UTC

WHAT HAPPENED

India’s National Company Law Tribunal will rehear bankruptcy petitions against SpiceJet after a settlement involving a lessor. The tribunal also fined SpiceJet and Aviator ML INR 15 lakh for late disclosure of the settlement.

SO WHAT?

The rehearing prolongs uncertainty around the airline’s bankruptcy proceedings and could affect lessors and the airline’s operations.

FOR ME

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COVERAGE

Reports behind this event

travelbizmonitor.comen

NCLT fines SpiceJet, Aviator ML INR 15 lakh for last-minute settlement disclosure - TravelBiz Monitor: India travel news, travel trends, tourism

Aug 19, 2026, 5:17 PM UTC

freepressjournal.inen

SpiceJet Bankruptcy Cases To Be Heard Afresh By New NCLT Bench After Lessor Settlement

Aug 19, 2026, 12:31 PM UTC

thehindu.comen

India's SpiceJet bankruptcy cases to be reheard in setback for lessors

Aug 19, 2026, 12:02 PM UTC

business-standard.comen

NCLT to rehear bankruptcy petitions against SpiceJet after settlement

Aug 19, 2026, 8:47 AM UTC

moneycontrol.comen

SpiceJet bankruptcy cases to be reheard in setback for lessors, says NCLT

Aug 19, 2026, 8:46 AM UTC