A third lessor has approached the National Company Law Tribunal in a bid to recover its dues from budget carrier SpiceJet.

According to a Moneycontrol report, Dublin-based aircraft lessor Wilmington Trust SP Services has moved an application seeking the initiation of insolvency proceedings against the airline, with the matter likely to come up for hearing today.

The NCLT is currently also hearing pleas from aircraft lessor Aircastle (Ireland) Ltd and engine lessor Willis Lease Finance. On Friday, the tribunal directed Aircastle to file a reply to an application by SpiceJet questioning the maintainability of the lessor’s petition, listing the matter for 17 July. Willis Lease Finance’s application will be heard next on 4 July.

Wilmington Trust was one of three aircraft lessors, along with Sabarmati Aviation Leasing and Falgu Aviation Leasing, on whose requests the Directorate General of Civil Aviation had deregistered three SpiceJet aircraft last month, according to the Moneycontrol report.

Mounting dues: Last month, the Delhi High Court ordered SpiceJet to pay Rs 380 crore in outstanding dues to Kalanithi Maran, chairman of the Sun Group and the airline’s former promoter, arising from a longstanding share transfer dispute. The case stems from the 2015 sale of a 58.46% stake in SpiceJet to Ajay Singh, the airline’s co-founder and current promoter who took on the airline’s liabilities of Rs 1,500 crore.

SpiceJet, meanwhile, has maintained that it does not plan on filing for insolvency and remains focused on its business. Last month, after rival Go First filed for bankruptcy, SpiceJet said it was working towards getting 25 of its own grounded aircraft back in the air and had mobilized Rs 400 crore for the plan.

It’s not been all bad news for SpiceJet. Last week, real estate company Acres Buildwell moved to withdraw its insolvency plea against the airline. Acres Buildwell had filed its application in September last year, claiming Rs 3.25 crore in outstanding dues. In March, SpiceJet had informed the NCLT that it had been making efforts to resolve the matter amicably.