Delhi HC summons SpiceJet CEO, COO after failure to pay lessors
The bench "specifically denied" the request of the counsel for judgment debtor, SpiceJet, for the appearance of the two senior officers before the court through video conferencing.
The bench "specifically denied" the request of the counsel for judgment debtor, SpiceJet, for the appearance of the two senior officers before the court through video conferencing.
In two separate incidents, flights operated by SpiceJet and another private airline were forced to make emergency landings after encountering technical issues mid-air on Monday.
So far this fiscal, it has cleared Rs 600 crore pending dues, including salaries, GST liabilities, and PF contributions, the company said.
The airline had been under additional scrutiny due to financial issues and flight cancellations.
Domestic airline SpiceJet said here on Friday that it has cleared all GST dues of around Rs 71 crore, days after raising Rs 3,000 crore through Qualified Institutional Placement (QIP).
The National Company Law Tribunal (NCLT) on Monday issued a notice to embattled low-cost carrier SpiceJet over a petition by Techjockey Infotech Pvt Ltd, one of its operational creditors.
Budget carrier Spicejet has been placed under "enhanced surveillance" by the Directorate General of Civil Aviation after passengers were not allowed to board the airline's flights in Dubai as it had not paid its airport dues.
The Ajay Singh-run airline's revenue from operations in the first quarter fell 15 per cent to Rs 1,708 crore compared to Rs 2,004 crore in the same period last year.
Low-cost airline SpiceJet Ltd on Monday reported a consolidated net profit of Rs 127 crore for their January-March quarter of 2023-24 compared to a net loss of Rs 6.22 crore in the same quarter of the previous year.
An airline crew member slapped Central Industrial Security Force (CISF) ASI at Jaipur airport.
