New Delhi: The National Company Law Tribunal (NCLT) on Tuesday told low-cost airline SpiceJet and its aircraft lessors, Aircastle and Wilmington, to study the impact of the government’s notification, issued last week, removing aviation lease agreements from the moratorium under the Insolvency and Bankruptcy Code (IBC). The next hearing in the cases is expected to come up on November 7. Aircastle and Wilmington have filed insolvency pleas against SpiceJet over unpaid dues. However, the airline has also challenged the maintainability of these petitions on certain technical grounds. The Centre had issued a notification on October 3 providing that the moratorium under the Insolvency and Bankrup
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