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SC dismisses SpiceJet's plea against HC order grounding 3 aircraft engines
The Supreme Court upheld a Delhi High Court ruling directing SpiceJet to ground three aircraft engines over unpaid dues to lessors. SpiceJet is negotiating with the lessor for a settlement. Two of the engines are already grounded,
SpiceJet suffers another setback; Supreme Court asks the airline to ground three engines
SpiceJet faces another setback as the Supreme Court upholds the High Court order to return leased engines due to non-payment of rent. The airline must now ground all three engines.
SC affirms high court order to SpiceJet to return 3 leased aircraft engines
In a statement after the Supreme Court ruling, SpiceJet said it was in discussions with the aircraft lessor to reach an amicable settlement
Supreme Court dismisses SpiceJet’s appeal, upholds grounding of leased engines
The Supreme Court on Friday rejected SpiceJet's plea against a Delhi High Court order that required the cash-strapped airline to ground three engines leased from Team France 01 SAS and Sunbird France 02 SAS over the unpaid dues.
Setback for SpiceJet as Supreme Court upholds order to return engines
The lessors, in their submission to the Supreme Court, highlighted that SpiceJet had undertaken to fulfil its payment obligations but subsequently defaulted, thereby violating the terms of the consent order.
Supreme Court Dismisses SpiceJet's Plea Against HC Order To Handover Aircraft Engines To Lessors
The Supreme Court today (September 20) refused interfere in the order of the Delhi High court which directed the cash-strapped airlines SpiceJet to return three aircraft engines for defaulting
SpiceJet shares slide after Supreme Court directs airline to return three engines to lessors
The Supreme Court has upheld a High Court order that directed SpiceJet to return three engines to lessors for non-payment of dues, and dismissed the airline's plea, instead asking them to independently negotiate with the lessors.
Supreme Court rejects SpiceJet’s appeal against Delhi HC order to ground three aircraft engines
A division bench of the Delhi High Court rejected a single-judge court's judgement directing the low-cost airline to halt the three engines owing to payment delinquency, ruling that the carrier had br
1d
SpiceJet’s Share Sale Said to Lure Tata Mutual Fund Among Others
SpiceJet Ltd.’s $358 million share sale attracted bids from several large investors including Tata Mutual Fund, people ...
cnbctv18
6h
Raymach Tech withdraws insolvency plea against SpiceJet after settlement
The National Company Law Tribunal (NCLT) had earlier been informed of the settlement, which was reached on June 7.
11h
SpiceJet gets weekend task from SC to stop losing three engines to lessors
The Supreme Court instructed SpiceJet to negotiate with its lessors over the weekend regarding three engines that must be ...
The Loadstar
7h
SpiceJet CFO Kirankumar Koteshwar joins UK's Air One group
The former CFO of SpiceJet appears to have joined the UK’s Air One group of companies as CFO, according to a Companies House ...
cnbctv18
2h
Top Stories | Sensex hits record highs, SpiceJet faces setback, iPhone 16 sale goes live, Samsung warns striking workers, & more
TV18’s daily newsletter featuring the top 10 stories on markets, corporate updates, economic insights, and financial ...
1d
on MSN
Back from the brink: SpiceJet looks at another lifeline
SpiceJet has secured Rs 3,000 crore in funding through an oversubscribed QIP, giving the struggling airline another chance at ...
2d
SpiceJet's Big Reveal: Airline Hasn't Paid Rs 355 Crore In PF And Tax Dues
SpiceJet has not paid Rs 135.3 crore in Provident Fund payments to employees for periods from April 2020 to August 2023, the ...
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