Swiss financial services firm Credit Suisse on Friday told the Supreme Court that SpiceJet has cleared all its outstanding dues in the $24 million payment dispute.
The apex court took note of the submission and listed the matter for hearing in July to ensure that the airline doesn’t “default again”.
“Matter should be taken up after three months to ensure that they don’t default as they have been doing in the past,” the Court said.
Credit Suisse and SpiceJet have been entangled in a legal conflict since 2015 over outstanding debts of approximately $24 million.
