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SPICEJET LEGAL CASES
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...
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...
Civil aviation ministry looking at SpiceJet; trying to address issues, says Union Minister Rammohan NaiduThe civil aviation ministry is addressing issues faced by SpiceJet to ensure more airlines can operate amid high demand in India. The Direc...
SpiceJet vs Kalanithi Maran case: SC upholds Delhi HC's decision, directs reconsideration of arbitral awardIn a significant relief to SpiceJet, the Supreme Court upheld a Delhi High Court division bench's decision to remand a 2018 arbitration cas...
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...
SpiceJet's CFO Ashish Kumar quits; Joyakesh Podder appointed Deputy Chief Financial OfficerOn Tuesday, SpiceJet announced that Ashish Kumar, the Head of Finance and Chief Financial Officer, will be departing the company to pursue ...
CISF officer was slapped because...: SpiceJet's advocate reveals reasonA SpiceJet employee allegedly slapped a CISF officer at Jaipur Airport following an argument. Claims of sexual harassment have been made by...
SpiceJet to list on NSE; may get Rs 1,300 cr lifeline from two 'big investors'; stock up 35% in 3 daysSpiceJet may receive a crucial boost as the airline's board prepares to convene on Monday to explore fundraising initiatives. According to ...
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's offer to settle unpaid dues not good enough, lessor tells India tribunalThe Ireland-based lessor earlier this month sought to initiate bankruptcy proceedings against SpiceJet over non payment of lease rentals an...
Lessor AWAS requests de-registration of SpiceJet planes over unpaid duesThe airline's flights have also had frequent safety snags in the last two months. The DGCA issued a show cause notice to the airline recent...
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.