Will SpiceJet wind up? SC to hear plea of against Madras HC order on Friday
NEW DELHI: The Supreme Court on Tuesday agreed to hear on January 28 the plea of SpiceJet against a Madras High Court order admitting winding-up petition and directing the official liquidator to take over the assets of the low-cost airline.
SpiceJet has rushed to the top court against the January 11 order of a division bench of the High Court upholding a recent verdict of a single judge bench ordering it’s winding up and directing the official liquidator attached to the High Court to take over the assets.
