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SPICEJET CASE
Sunbird takes SpiceJet to HC over $8 million unpaid lease duesSunbird France has approached the Delhi High Court to enforce a UK court order. The order directs SpiceJet to pay approximately $8 million ...- 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 ...
- Ahead of Market: 10 things that will decide stock market action on TuesdayIndian markets ended higher driven by positive election trends, with gains in financials, pharma, and metals. Nifty held above key support ...
- 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...
- Airport privatisation: Government weighs bid cap to boost competitionIndia is redefining the rules of the game with its upcoming airport privatisation plans, aiming to curb monopolistic tendencies in the avia...
- 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 shares in focus after NCLT asks lessors to submit valid power of attorneyThe NCLT directed three aircraft lessors of SpiceJet to furnish a valid Power of Attorney by July 3. The directive follows insolvency pleas...
- 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 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 upholds its order directing SpiceJet to return leased engines amid financial strugglesThe Delhi High Court upheld an order requiring SpiceJet to ground and return three engines to lessors Team France 01 SAS and Sunbird France...
- SC agrees with SpiceJet payment proposal, orders airline to pay $1 mn every month for the next 6 months to Credit SuisseSpiceJet's Chairman, Ajay Singh, has been ordered by the Supreme Court to pay $1 million every month for the next six months to clear arrea...
- SpiceJet questions the maintainability of insolvency petitions by aircraft lessors Wilmington and CelestialSpicejet is challenging the insolvency petitions filed against it by aircraft lessors Wilmington Trust SP Services and Celestial Aviation S...
- SpiceJet-Credit Suisse case: SC gives Ajay Singh last opportunity to pay, else face Tihar jailThe Supreme Court has ordered SpiceJet chairman, Ajay Singh, to make a payment of $500,000 to Credit Suisse by September 22, along with $1 ...
- SpiceJet questions maintainability of petition filed by aircraft lessorsAircastle (Ireland) told the NCLT Monday that it was within its right to file multiple petitions against defaults by SpiceJet on multiple c...
- DGCA puts SpiceJet under enhanced surveillance; airline refutesThe focus is to ensure that due to financial issues, there are no potential adverse impact on the flight operations and that there is no "c...
- SpiceJet case: Petitioner gets time for rejoinderAircastle (Ireland) had filed a petition against Spicejet under section 9 of the Insolvency & Bankruptcy Code 2016 on April 28, based on wh...
- SpiceJet, Credit Suisse back in a courtroom battle over non-payment of duesIndia's SpiceJet rejected Credit Suisse's allegations, stating that it made the scheduled April payment, and submitted to the Supreme Court...
- Police complaint frivolous, will extend full cooperation: SpiceJet MD Ajay SinghAccording to a statement, the high court stayed the non-bailable warrant against Ajay Singh by a lower court, "issued because Singh was una...
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