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SPICEJET LEGAL ISSUES
SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loanSpiceJet is delaying pilot salaries since March, seeking an emergency government loan to stabilize operations amid rising fuel costs and re...
Delhi HC dismisses SpiceJet and its promoter Ajay Singh's review plea in case against Maran-Kal AirwaysThe Delhi High Court dealt a blow to SpiceJet and its founder Ajay Singh by rejecting their review petitions, accompanied by a cost penalty...
Delhi High Court reserves order on SpiceJet's plea to review Rs 144 cr payment order in dispute with MaranThe Delhi High Court has announced it will take more time to decide on a review petition presented by SpiceJet and its head, Ajay Singh. Th...
SpiceJet brings Chandan Sand on airline's board as executive directorSpiceJet has appointed Chandan Sand as an Executive Director to its board, marking the second significant leadership addition this month. S...
TCS drags SpiceJet to court over unpaid tech bills of Rs 2.34 croreThe Delhi HC has summoned SpiceJet in a recovery case filed by Tata Consultancy Services (TCS) for ₹2.34 crore. TCS seeks attachment of the...
Fresh trouble for SpiceJet as 3 aircraft lessors, former pilot file insolvency pleasSpiceJet is facing insolvency pleas from three Ireland-based aircraft lessors and a former pilot due to alleged defaults totaling USD 12.68...
SpiceJet gets weekend task from SC to stop losing three engines to lessorsThe Supreme Court instructed SpiceJet to negotiate with its lessors over the weekend regarding three engines that must be returned due to n...
Madhu Kela among top investors leading SpiceJet's Rs 3,000 crore QIP responseSpiceJet's QIP received strong investor response, with marquee investors like Madhu Kela's family office participating. The company aims to...
SpiceJet makes shocking revelation of not paying ₹350 crore in TDS and PF of employeesSpiceJet, facing severe financial strain, has admitted to not paying Rs 220 crore in TDS and Rs 135.3 crore in PF dues from April 2020 to A...
SpiceJet seeks urgent SC hearing against Delhi HC’s order grounding 3 aircraft engines for defaulting on payments to lessorsSpiceJet has appealed to the Supreme Court against a Delhi High Court order requiring the airline to ground and return three engines to les...
Delhi HC refuses to interfere with order directing SpiceJet to ground 3 engines & return them to lessorsThe Delhi High Court has confirmed its earlier ruling requiring SpiceJet to ground and return three engines to lessors Team France 01 SAS a...
DIAL asks SpiceJet to clear dues at earliest; airline says no immediate concerns on paymentsDelhi airport operator DIAL has requested SpiceJet to clear its dues promptly. Despite financial and legal challenges, the airline maintain...
How SpiceJet’s 3-month crew furlough could affect your flight: Here's all you need to knowSpiceJet will temporarily furlough 150 cabin crew members for three months due to a lean travel season and reduced fleet size. The airline ...
Delhi HC asks SpiceJet to ground three engines and return them to lessors in 15 daysThe Delhi High Court has ordered SpiceJet to ground and return three engines to lessors Team France 01 SAS and Sunbird France 02 SAS within...
SpiceJet averts shutdown crisis at Mumbai Airport, ops resume after financial matter resolvedSpiceJet avoided a disruption of its flights from Mumbai’s international airport by resolving a financial issue at the last moment. The air...
SpiceJet to consider raising fresh capital via QIP on July 23SpiceJet Capital Raising: SpiceJet announced plans to raise fresh capital through a Qualified Institutional Placement (QIP), subject to reg...
Kalanithi Maran to seek Rs 1,323 crore in damages from SpiceJetAccording to the Sun group, as part of a share transfer agreement signed in 2015 when Ajay Singh took over SpiceJet, Maran and KAL Airways ...
HC allows winding-up plea against SpiceJet by Credit Suisse AGThe court ruled this in a case filed in 2015, when Credit Suisse AG approached the court to receive the payment assigned to it by the Switz...
SpiceJet's latest legal problem: Delhi HC orders deposit of Rs 244 crore in Maran caseThe low fare carrier has to deposit the sum in 6 weeks, said the court order, which ET has reviewed.
- SpiceJet stake: Kansagra-Maran deal lands in US court
A few business associates of Bhupendra Kansagra - the SpiceJet promoter who agreed to sell 7.7% stake in the low-cost airline to the southe...