SC gives 3 weeks to SpiceJet to resolve financial issues with Credit Suisse AG
The Supreme Court on Friday stayed for three weeks the Madras High Court’s December order directing winding up of SpiceJet for non-payment of unpaid dues of $24.01 million to Swiss stock corporation Credit Suisse AG.
The high court had stayed the operation of its order, including the publication of the winding-up order for SpiceJet, till Friday so as to allow the airline to move the apex court.
