SpiceJet gets 3-week reprieve from Supreme Court
Unlock Exclusive Insights with The Tribune Premium
Take your experience further with Premium access. Thought-provoking Opinions, Expert Analysis, In-depth Insights and other Member Only Benefits
Advertisement
New Delhi, January 28
Advertisement
The Supreme Court on Friday stayed for three weeks the Madras High Court order that had upheld an order of company court admitting the winding up petition against SpiceJet and had directed the official liquidator to take over the assets of the beleaguered airline.
A Bench led by CJI NV Ramana gave three weeks to SpiceJet to resolve its dispute with Swiss firm Credit Suisse AG after senior advocate Harish Salve submitted on behalf of SpiceJet that the airline would try to resolve the issue.
Advertisement
Advertisement
Advertisement