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High Court Directs SpiceJet To Clear $2.67-Million Dues To Team France 01 SAS In A Week

GenevaTimes by GenevaTimes
January 16, 2025
in Business
Reading Time: 1 min read
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High Court Directs SpiceJet To Clear .67-Million Dues To Team France 01 SAS In A Week
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The three aircraft in question have been returned to Team France. In May, the high court had directed SpiceJet to pay Team France the amount of $6 million. The airline’s failure to make the payment on time prompted Team France to file a petition seeking execution of the high court’s decision.

Thereafter, in a hearing on Dec. 10, when the summons were issued, the counsel representing SpiceJet sought an adjournment in the matter. The counsel’s request did not sit right with the high court, which forced it to direct the personal presence of the CEO and COO. Incidentally, both the CEO and the COO positions at SpiceJet are lying vacant as of now.

To make up for their absence, Ajay Singh, the chairperson and managing director of SpiceJet, was present before the court on Thursday.

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