The Delhi High Court on Thursday asked the low-cost carrier SpiceJet to return the engine leased to Engine Lease Finance BV, in Brussels, Belgium, at its own expense by March 10 after settlement talks between the parties failed.
The court told the Chairman and Managing Director of SpiceJet, Ajay Singh, to file an affidavit within a week guaranteeing the engine’s delivery by the specified date. The court also told Singh to adhere to the deadline without seeking any more extensions.
SpiceJet told the court it was ready to return the engine but it has yet to obtain customs clearance for the delivery.
