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SPICEJET FINANCIAL DISPUTE
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...- SC rejects SpiceJet's plea in Rs 144 cr case with Kalanithi Maran & Kal Airways, asks it to move Delhi HCThe Supreme Court of India on Tuesday asked SpiceJet to approach the Delhi High Court for more time to deposit Rs 144 crore in its dispute ...
- 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...
- Maran case: SpiceJet asks for more time to deposit Rs 144 crSpiceJet faces a critical juncture. The airline informed the Delhi High Court that an immediate Rs 144 crore deposit in a dispute with Kala...
- Delhi HC gives SpiceJet 4 more weeks to deposit Rs 144 crore, rejects property offerSpiceJet has received a four-week extension from the Delhi High Court to deposit Rs 144 crore. This payment is part of an ongoing arbitrati...
- SpiceJet settles dispute with Willis Lease Finance CorporationSpiceJet has resolved its dispute with Willis Lease Finance Corporation, leading to the withdrawal of an insolvency case. This settlement f...
- SpiceJet, Genesis reach agreement in $16 million dispute, share prices shoot upSpiceJet and Genesis resolved a $16 million dispute. SpiceJet paid $6 million and gave Genesis $4 million in equity. This settlement streng...
- SpiceJet shares rally 8% on settling over $16 million dispute with GenesisShares of SpiceJet surged 7.8% to an intraday high of Rs 60.70 on the BSE after the company announced the settlement of its $16 million dis...
- Aircastle withdraws insolvency case against SpiceJet after settlementSpiceJet and Aircastle reached a settlement, ending their legal battle. The airline agreed to pay $5 million. This resolves a $23 million d...
- SpiceJet settles $4.5 mn dispute with Shannon Engine, shares trim lossesSpiceJet has settled a $4.5 million dispute with Shannon Engine Support Limited for $2 million, concluding the matter through amicable nego...
- SpiceJet settles $23.39 million dispute with Aircastle, Wilmington Trust SP ServicesSpiceJet settles $23.39 million dispute with Aircastle and Wilmington Trust for $5 million, resolving ongoing litigations. It previously se...
- SpiceJet and Babcock & Brown Aircraft Management settle $131.85 mn disputeSpiceJet has settled a $131.85 million dispute with Irish aircraft lessor Babcock & Brown Aircraft Management for $22.5 million, marking a ...
- Kalanithi Maran vs SpiceJet: SC upholds Delhi HC's order remanding arbitration dispute back to single judgeThe Supreme Court on Friday upheld a division bench order of the Delhi High Court, remanding the arbitration dispute in Kalanithi Maran's c...
- SpiceJet reaches settlement with Canada's EDC to resolve liabilities worth Rs 755 crSpiceJet announces a settlement agreement with Export Development Canada (EDC) to resolve liabilities amounting to Rs 755 crore, resulting ...
- SpiceJet finalises lease agreements for 10 aircraft ahead of a busy summerSpiceJet has finalized lease agreements for ten aircraft to prepare for the upcoming summer schedule, expecting higher demand. The airline ...
- SpiceJet resolves Rs 413 cr dispute with Echelon Ireland Madison OneSpiceJet announced the resolution of its Rs 413 crore dispute with Echelon Ireland Madison One, resulting in savings of approximately Rs 39...
- Spicejet should consider giving some interest to Kal Airways, Kalanithi Maran: Supreme CourtA bench comprising Chief Justice N V Ramana and Justices Krishna Murari and Hima Kohli has now fixed the case for further hearing on April ...
- SpiceJet settles $24 million financial dispute with Credit SuisseThe airline said that the documentation process of the settlement terms is underway. Notably, the process involves payment of the settlemen...
- SC stays HC order asking SpiceJet to pay around Rs 243 cr to Kalanithi Maran, firmSpiceJet and its promoter Ajay Singh were asked to deposit around Rs 243 crore as interest payable on Rs 579 crore, which the high court ha...
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