The Supreme Court on Friday stayed for three weeks the order of winding up SpiceJet after the airline claimed that it is looking to settle the dispute over its outstanding dues with Swiss company ‘Credit Suisse’.
A Bench of Chief Justice of India NV Ramana, Justices AS Bopanna and Hima Kohli stayed the winding-up order for three weeks to await the measures taken by the airlines’ management to resolve the dispute.
Senior advocate Harish Salve, appearing for SpiceJet, told the Bench that the airline will attempt to resolve the issues with Credit Suisse in three weeks.
However, senior advocate KV Vishwanathan, representing Credit Suisse, said that the offer put forth by SpiceJet is not worth even mentioning.
