{"id":602896,"date":"2023-09-12T09:11:43","date_gmt":"2023-09-12T03:41:43","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=602896"},"modified":"2023-09-12T09:35:18","modified_gmt":"2023-09-12T04:05:18","slug":"credit-suisse-case-pay-up-or-face-jail-sc-warns-spicejet-boss-ajay-singh","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/credit-suisse-case-pay-up-or-face-jail-sc-warns-spicejet-boss-ajay-singh\/","title":{"rendered":"Credit Suisse case: Pay up or face jail, SC warns SpiceJet boss Ajay Singh"},"content":{"rendered":"<p>The Supreme Court on Monday told SpiceJet Chairman and Managing Director (CMD) Ajay Singh that it (the court) was \u201cnot worried\u201d even if the low-cost airline \u201cshuts down\u201d and it would take \u201cdrastic measures\u201d if Singh did not give proof of payment of $500,000 as its monthly instalment and $1 million as the defaulted amount to Swiss firm Credit Suisse by September 15. <\/p>\n<p>The Division Bench of Justice Vikram Nath and Justice Ahsanuddin Amanullah came down heavily on Singh, saying he would be sent to Tihar jail if he kept on \u201cdilly-dallying (on) the payment\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Supreme Court on Monday told SpiceJet Chairman and Managing Director (CMD) Ajay Singh that it (the court) was \u201cnot worried\u201d even if the low-cost airline \u201cshuts down\u201d and it would take \u201cdrastic measures\u201d if Singh did not give proof of payment of $500,000 as its monthly instalment and $1 million as the defaulted amount to Swiss firm Credit Suisse by September 15. The Division Bench of Justice Vikram Nath and Justice Ahsanuddin Amanullah came down heavily on Singh, saying he would be sent to Tihar jail if he kept on \u201cdilly-dallying (on) the payment\u201d.<\/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-602896","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\/602896","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=602896"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/602896\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=602896"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=602896"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=602896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}