News > Supreme Court to hear SpiceJet appeal against Madras HC order on January 28

Supreme Court to hear SpiceJet appeal against Madras HC order on January 28

The Hindu | 25/01/2022 04:06 PM | Click to read full article

The Supreme Court on Tuesday agreed to list on Friday an appeal filed by air carrier SpiceJet against a Madras High Court order to wind up the company for non-payment of over $24 million to a Swiss company which maintains, repairs and overhauls aircraft engines and components.

A Division Bench of the Madras High Court had dismissed the appeal by SpiceJet against a Single Judge Bench order of December 6 to wind up the company. The Division Bench had concluded in favour of the arguments made by Credit Suisse AG.

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