Supreme Court Stays the Order to Wind-Up SpiceJet Operations for Three Weeks
In an interim relief to the budget-career SpiceJet, the Supreme Court has granted three weeks to resolve its financial dispute with Swiss firm Credit Suisse AG. The Court also stayed the verdict of Madras High Court granting permission to wind up its operations and liquidating the airline’s assets. “If you do not want to run the airline, we will declare you insolvent. This is not the way to run an... Read More