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SPICEJET CREDIT SUISSE
SpiceJet repays $24 mn in dues to Credit SuisseSpiceJet has cleared its $24 million settlement with Credit Suisse, closing a liability predating its current promoter. The May 2022 agreem...- SpiceJet clears dues, no longer in default, SC notifiedThe court was hearing a contempt petition filed by Credit Suisse against Singh over the non-payment of dues despite a court-approved commer...
- Credit Suisse says SpiceJet cleared all dues; SC posts case for July hearing to ensure it doesn't default againThe Supreme Court acknowledges Credit Suisse's confirmation that SpiceJet, under CMD Ajay Singh, has settled its $24 million payment disput...
- Supreme Court directs SpiceJet to clear $1.25 million dues to Credit Suisse by March 15The Supreme Court instructed SpiceJet to settle its outstanding dues of $1.25 million to Credit Suisse by March 15 in a payment dispute tot...
- SpiceJet-Credit Suisse Case: SC says no scope for belated payment, asks carrier to clear dues by March 15The Supreme Court directed SpiceJet to clear all outstanding dues to Credit Suisse by March 15. The court had earlier granted SpiceJet six ...
- 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 completes $1.5 million payment to Credit Suisse, shares riseSpiceJet has made a payment of $1.5 million to Credit Suisse after the Supreme Court of India ordered the chairman of the budget carrier, A...
- SpiceJet pays Kal Airways Rs 100 cr towards arbitral award after court orderLow-cost airline SpiceJet has paid Rs 100 crore ($1.5 million) to Kal Airways and its promoter Kalanithi Maran, following an order from the...
- SC warns SpiceJet chief of 'drastic action' in Credit Suisse default caseA bench comprising justices Vikram Nath and Ahsanuddin Amanullah said "drastic steps" will be taken towards Singh if he failed to comply wi...
- SpiceJet to repay Kalanithi Maran and Credit Suisse as per court directionsSpiceJet Ltd. has announced that it will complete the payment dues to former promoter Kalanithi Maran by tomorrow, as directed by the Delhi...
- 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 ...
- SC issues contempt notice to SpiceJet's Ajay Singh in Credit Suisse caseSC issues contempt notice to SpiceJet chairman and managing director Ajay Singh for failing to comply with the "in-principle commercial set...
- Supreme Court orders SpiceJet to pay settlement amount to Credit Suisse by July 18Credit Suisse told the court that while SpiceJet had made some payments, an outstanding amount of around $4.4 million is yet to be paid.
- Credit Suisse asks Supreme Court to start contempt process against SpiceJet MD Ajay SinghThe investment banking company said that Singh and Spicejet company secretary Chandan Sand should be convicted and sentenced for "wilful, d...
- 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...
- SpiceJet settles dispute with Credit SuisseLow-cost carrier SpiceJet on Wednesday said that it has signed and concluded the settlement and consent terms with Credit Suisse in a pendi...
- 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...
- SpiceJet gets 3 weeks to settle Credit Suisse disputeThe BSE-listed SpiceJet has challenged the Madras High Court order of January 11, allowing the winding-up petition filed by Credit Suisse a...
- SC agrees to hear SpiceJet's plea against order to wind up operationsAccording to Credit Suisse AG, a stock corporation registered under the laws of Switzerland, SpiceJet had failed to honor its commitment to...
- 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...
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