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 Delhi High Court on Monday upheld an arbitral award passed by the tribunal comprising three retired Supreme Court judges in the matter of low-cost airline SpiceJet and Kal Airway's promoter Kalanithi Maran, favouring the latter.
SpiceJet aircraft caught fire at the Indira Gandhi International Airport in Delhi on Tuesday, officials said.
The apex court on July 7 declined SpiceJet’s application to extend the deadline for making a Rs 380 crore interest payment to Kal Airways.
India's civil avaiation regulator, the Directorate General of Civil Aviation (DGCA) has put SpiceJet under "enhanced surveillance" but there is no operational impact on the airline, an official said on Tuesday
As the insolvency issue of SpiceJet heats up, prior red-flagging to the company by the Directorate General of Civil Aviation (DGCA) had pointed out long awaited trouble for the aviation giant.
