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As a result of Chandra being admitted to moratorium, no litigation can be initiated against him. Chandra also cannot alienate or sell any of his assets and the Resolution Professional will now process the claims of those who intend to recover money from him.
Wilmington had moved an insolvency plea against SpiceJet in June 2023 over unpaid dues. In May 2023, the DGCA deregistered three planes of SpiceJet at the request of lessors, one which belonged to Wilmington