Engine Lease Finance BV, an engine lessor of troubled airline SpiceJet, has filed a fresh insolvency plea against the carrier, saying it hasn’t been paid rental dues totalling more than $16.72 million, including interest, for eight leased engines. The Delhi bench of The National Company Law Tribunal (NCLT) heard the plea on Wednesday and sought responses from both parties. The hearing was adjourned to Thursday after SpiceJet’s counsel told the court they had received the petition only that morning and needed more time to respond. The dispute originates from a 2017 agreement through which Engine Lease Finance leased engines to SpiceJet. The airline allegedly began defaulting on payments
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