{"id":464675,"date":"2022-01-29T09:36:24","date_gmt":"2022-01-29T04:06:24","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=464675"},"modified":"2022-01-29T10:12:42","modified_gmt":"2022-01-29T04:42:42","slug":"sc-grants-three-weeks-to-spicejet-to-resolve-financial-issues-with-swiss-firm","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/sc-grants-three-weeks-to-spicejet-to-resolve-financial-issues-with-swiss-firm\/","title":{"rendered":"SC grants three weeks to SpiceJet to resolve financial issues with Swiss firm"},"content":{"rendered":"<p>The Supreme Court on Friday granted three weeks\u2019 time to SpiceJet to resolve its financial dispute with Swiss firm Credit Suisse AG, and stayed the operation of the Madras High Court verdict permitting winding-up petition and directing the official liquidator to take over the assets of the low-cost airline.<\/p>\n<p>A bench headed by Chief Justice N V Ramana took note of the submissions of senior advocate Harish Salve that SpiceJet would try to resolve the issue with the Swiss firm.<\/p>\n<p>\u201cSenior counsel Harish Salve sought three weeks\u2019 time for trying to resolve the matter and Mr K V Vishwanathan (appearing for the Swiss firm) also agreed to the adjournment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Supreme Court on Friday granted three weeks\u2019 time to SpiceJet to resolve its financial dispute with Swiss firm Credit Suisse AG, and stayed the operation of the Madras High Court verdict permitting winding-up petition and directing the official liquidator to take over the assets of the low-cost airline. A bench headed by Chief Justice N V Ramana took note of the submissions of senior advocate Harish Salve that SpiceJet would try to resolve the issue with the Swiss firm. \u201cSenior counsel Harish Salve sought three weeks\u2019 time for trying to resolve the matter and Mr K V Vishwanathan (appearing [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-464675","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/464675","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=464675"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/464675\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=464675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=464675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=464675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}