{"id":493749,"date":"2022-05-26T10:47:23","date_gmt":"2022-05-26T05:17:23","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=493749"},"modified":"2022-05-26T12:45:43","modified_gmt":"2022-05-26T07:15:43","slug":"spicejet-settles-dispute-with-credit-suisse-4","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/spicejet-settles-dispute-with-credit-suisse-4\/","title":{"rendered":"SpiceJet settles dispute with Credit Suisse"},"content":{"rendered":"<p>Domestic no-frills carrier SpiceJet said on Wednesday said it has signed and concluded the settlement and consent terms with Credit Suisse in a pending dispute with the latter. <\/p>\n<p>The settlement and consent terms, executed on May 23, have also been filed before the Supreme Court for final orders, the airline said in a statement.<\/p>\n<p>The settlement involves payment of a certain amount upfront and the balance amount over a mutually agreed timeline, SpiceJet said without giving specific details.<\/p>\n<p>The airline said it had already provided a bank guarantee of $5 million under the direction of the Madras High Court in the matter and there is no adverse financial liability on the company.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Domestic no-frills carrier SpiceJet said on Wednesday said it has signed and concluded the settlement and consent terms with Credit Suisse in a pending dispute with the latter. The settlement and consent terms, executed on May 23, have also been filed before the Supreme Court for final orders, the airline said in a statement. The settlement involves payment of a certain amount upfront and the balance amount over a mutually agreed timeline, SpiceJet said without giving specific details. The airline said it had already provided a bank guarantee of $5 million under the direction of the Madras High Court in [&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":[176,146,130],"tags":[],"class_list":["post-493749","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-deccan-herald-newspapers","category-deccan-herald-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/493749","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=493749"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/493749\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=493749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=493749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=493749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}