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Supreme Court Dismisses SpiceJet's Plea Against HC Order To Handover Aircraft Engines To Lessors
The Supreme Court today (September 20) refused interfere in the order of the Delhi High court which directed the cash-strapped airlines SpiceJet to return three aircraft engines for defaulting
Supreme Court dismisses SpiceJet’s appeal, upholds grounding of leased engines
The Supreme Court on Friday rejected SpiceJet's plea against a Delhi High Court order that required the cash-strapped airline to ground three engines leased from Team France 01 SAS and Sunbird France 02 SAS over the unpaid dues.
Supreme Court Upholds Delhi High Court’s Decision to Ground SpiceJet’s Leased Engines
The Supreme Court on Friday refused to interfere with the order of the Delhi High Court that directed the low cost airline to ground three engines leased to it by French lessors. The top court, however, said that the parties can talk amongst themselves and settle.
SpiceJet suffers another setback; Supreme Court asks the airline to ground three engines
SpiceJet faces another setback as the Supreme Court upholds the High Court order to return leased engines due to non-payment of rent. The airline must now ground all three engines.
Supreme Court dismisses SpiceJet's plea against Delhi HC order grounding 3 aircraft engines
A division bench of the Delhi High Court had held that the carrier had violated an agreed interim arrangement for payment of dues and upheld an order of a single-judge bench asking the low-cost airline to ground the three engines for defaulting on the payments.
SC affirms high court order to SpiceJet to return 3 leased aircraft engines
In a statement after the Supreme Court ruling, SpiceJet said it was in discussions with the aircraft lessor to reach an amicable settlement
SC dismisses SpiceJet's plea against HC order grounding 3 aircraft engines
The Supreme Court upheld a Delhi High Court ruling directing SpiceJet to ground three aircraft engines over unpaid dues to lessors. SpiceJet is negotiating with the lessor for a settlement. Two of the engines are already grounded,
Setback for SpiceJet as Supreme Court upholds order to return engines
The lessors, in their submission to the Supreme Court, highlighted that SpiceJet had undertaken to fulfil its payment obligations but subsequently defaulted, thereby violating the terms of the consent order.
SpiceJet shares slide after Supreme Court directs airline to return three engines to lessors
CNBC-TV18 reported that the airline has been asked to ground and return the three engines within 15 days. Shares of SpiceJet slipped to day's low, falling by over a percent after the news.
Washington Square News
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The Soapbox: X ban in Brazil, protests against sexual violence in France, new metro line in Sydney
This article contains mentions of sexual misconduct. In Brazil, the Supreme Court upholds X ban Brazil’s highest court banned ...
1d
France’s Budget Problems ‘Very Serious,’ Prime Minister Says
The French government, which missed a deadline this week to set a blueprint to lower its debt and deficit, is struggling to ...
9d
Malaysia Defeats $15B Sultanate 'Heirs' Claim in Netherlands; Case Moves to France
UK-based litigation finance firm Therium’s strategy and financial backing for the claimants has sparked calls to regulate ...
31m
Pennsylvania state senator sues critics of his book about WWI hero
A Pennsylvania state senator and former GOP gubernatorial candidate whose support for Donald Trump drew him to the U.S.
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Gibson Dunn Takes US Gymnast Chiles’ Medal Fight to Swiss Court
Gibson Dunn & Crutcher is representing US Olympic gymnast Jordan Chiles as she tries to win back a bronze medal from the 2024 ...
7d
on MSN
India's Supreme Court frees opposition leader on bail in politically charged corruption case
India's Supreme Court ruled Friday that Delhi chief minister Arvind Kejriwal will be granted bail after six months in jail ...
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