{"id":454863,"date":"2021-12-08T11:52:21","date_gmt":"2021-12-08T06:22:21","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=454863"},"modified":"2021-12-08T11:52:21","modified_gmt":"2021-12-08T06:22:21","slug":"non-payment-spicejet-to-appeal-against-winding-up-order-by-madras-hc","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/non-payment-spicejet-to-appeal-against-winding-up-order-by-madras-hc\/","title":{"rendered":"Non-payment: SpiceJet to appeal against winding up order by Madras HC"},"content":{"rendered":"<p>The Madras High Court has ordered the winding up of low-cost airline SpiceJet and asked the official liquidator to take over the airline\u2019s assets in a case related to non-payment of dues to the tune of $24.01 million to Swiss stock corporation Credit Suisse AG.<\/p>\n<p>Directing winding up of the private carrier, Justice R Subramanian, however, kept his Monday\u2019s order in abeyance for three weeks, if SpiceJet deposits $5 million within two weeks.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Madras High Court has ordered the winding up of low-cost airline SpiceJet and asked the official liquidator to take over the airline\u2019s assets in a case related to non-payment of dues to the tune of $24.01 million to Swiss stock corporation Credit Suisse AG. Directing winding up of the private carrier, Justice R Subramanian, however, kept his Monday\u2019s order in abeyance for three weeks, if SpiceJet deposits $5 million within two weeks.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[196,130,138],"tags":[],"class_list":["post-454863","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/454863","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=454863"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/454863\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=454863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=454863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=454863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}