{"id":593411,"date":"2023-07-26T09:29:35","date_gmt":"2023-07-26T03:59:35","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=593411"},"modified":"2023-07-26T09:58:23","modified_gmt":"2023-07-26T04:28:23","slug":"supreme-court-gives-spicejet-more-time-to-pay-dues-to-credit-suisse","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/supreme-court-gives-spicejet-more-time-to-pay-dues-to-credit-suisse\/","title":{"rendered":"Supreme Court gives SpiceJet more time to pay dues to Credit Suisse"},"content":{"rendered":"<p>In a relief to low-cost carrier Spicejet, the Supreme Court on Tuesday gave additional time to the airline to pay its dues to Swiss firm Credit Suisse as part of the court-agreed settlement between both parties. <\/p>\n<p>The hearing, on Credit Suisse&#8217;s contempt plea, will now come up in the third week of August. <\/p>\n<p>Senior Advocate Niranjan Reddy, appearing for Credit Suisse, told the court that when they filed the contempt plea, the amount outstanding was $3.9 million, however it has now increased to $4 million after Spicejet skipped an installment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a relief to low-cost carrier Spicejet, the Supreme Court on Tuesday gave additional time to the airline to pay its dues to Swiss firm Credit Suisse as part of the court-agreed settlement between both parties. The hearing, on Credit Suisse&#8217;s contempt plea, will now come up in the third week of August. Senior Advocate Niranjan Reddy, appearing for Credit Suisse, told the court that when they filed the contempt plea, the amount outstanding was $3.9 million, however it has now increased to $4 million after Spicejet skipped an installment.<\/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-593411","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\/593411","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=593411"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/593411\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=593411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=593411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=593411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}