{"id":605982,"date":"2023-09-23T11:47:07","date_gmt":"2023-09-23T06:17:07","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=605982"},"modified":"2023-09-23T11:47:07","modified_gmt":"2023-09-23T06:17:07","slug":"sc-agrees-with-spicejet-payment-proposal-orders-airline-to-pay-1-mn-every-month-for-the-next-6-months-to-credit-suisse","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/sc-agrees-with-spicejet-payment-proposal-orders-airline-to-pay-1-mn-every-month-for-the-next-6-months-to-credit-suisse\/","title":{"rendered":"SC agrees with SpiceJet payment proposal, orders airline to pay $1 mn every month for the next 6 months to Credit Suisse"},"content":{"rendered":"<p>Supreme Court has asked SpiceJet&#8217;s Chairman Ajay Singh to pay $1 million every month for the next six months to clear arrears of $3 million, which includes $500,000 each for arears and regular installments. The order is in line with SpiceJet&#8217;s payment proposal.<\/p>\n<p>After six months of payments, Singh has to pay regular instalment of $5,00,000 to Credit Suisse, the court ordered. Singh will also have to be present in the court on the next date of hearing on Oct 20.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Supreme Court has asked SpiceJet&#8217;s Chairman Ajay Singh to pay $1 million every month for the next six months to clear arrears of $3 million, which includes $500,000 each for arears and regular installments. The order is in line with SpiceJet&#8217;s payment proposal. After six months of payments, Singh has to pay regular instalment of $5,00,000 to Credit Suisse, the court ordered. Singh will also have to be present in the court on the next date of hearing on Oct 20.<\/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":[192,130,136],"tags":[],"class_list":["post-605982","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/605982","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=605982"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/605982\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=605982"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=605982"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=605982"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}