Ajay Singh Archives

The FIR states that SpiceJet deducted 12% of employees’ salaries for PF contributions but failed to remit these amounts as required

Delhi Police EOW files case against SpiceJet MD and officials over...

PGurus Newsdesk - October 5, 2024 1

FIR against Ajay Singh, SpiceJet board surfaces day after clearing PF dues In a significant development for struggling airline SpiceJet, the Economic Offences Wing (EOW)...

Delhi HC has asked low-cost airline SpiceJet’s Managing Director Ajay Singh to appear before it in Jan in proceedings relating to a dispute over interest dues on arbitral award

Law and Order

Rs.570 cr dispute with Maran family: Delhi HC asks SpiceJet MD...

Team PGurus - November 21, 2023 0

In an arbitral award dispute, HC asks SpiceJet MD Ajay Singh to appear on January 10 The Delhi High Court has asked low-cost airline SpiceJet's...

Legal amendments is expected to create a favorable environment in India by reducing their risk and allowing them to repossess their aircraft

Commerce

Indian aviation industry leaders hail game-changing legal amendment; meet Scindia to thank him

PGurus Newsdesk - October 18, 2023 0

Air India, Vistara, IndiGo, and SpiceJet chiefs meet Scindia High-ranking representatives from four major airlines in India, including Air India, SpiceJet, Vistara, and IndiGo, convened...

SpiceJet Ltd said it has paid $1.5 million to Credit Suisse in compliance with the Supreme Court of India order

Law and Order

After Supreme Court warning, SpiceJet pays $1.5 mn to Credit Suisse

PGurus Newsdesk - September 15, 2023 0

SpiceJet completes payment of $1.5 million to Credit Suisse SpiceJet on Friday said that it has complied with the Supreme Court's directive by transferring $1.5...

Court warns Ajay Singh that it may attach the airline's assets if the payment is not made by September 10

Law and Order

Delhi HC orders SpiceJet, Ajay Singh to pay Rs.100 cr to...

PGurus Newsdesk - August 24, 2023 0

SpiceJet tells Delhi HC it is "struggling to stay afloat" On Thursday, the Delhi High Court ordered SpiceJet and its Chairman and Managing Director (CMD)...

SC did not accept the vehement submissions of senior advocate Mukul Rohatgi, appearing for SpiceJet, and refused to the extend the time, saying the entire award has now become executable

Law and Order

Execution of Rs.578 cr arbitral award: SC refuses to extend time...

Team PGurus - July 7, 2023 0

Apex Court dismisses SpiceJet's plea seeking extension to pay dues to Maran, Kal Airways In a jolt to low-cost airlines SpiceJet, the Supreme Court on...

Since SpiceJet had failed to pay Rs.75 cr, the Delhi HC observed in the order on May 29 that there was no alternative except to call upon the airline to deposit the entire outstanding amount along with interest

Law and Order

Delhi High Court orders SpiceJet to pay Rs.380 crore to Kalanithi...

PGurus Newsdesk - June 1, 2023 0

Delhi High Court issues a ruling against SpiceJet; instructs it to pay Rs.380 cr to its former promoter, Kalanithi Maran In a setback for SpiceJet,...

Sale of SpiceJet in 2014 was reminiscent of how NDTV got sold to Ambani. Was this too a quid-pro-quo?

Law and Order

Encash bank guarantee, pay Rs.270 cr to Kalanithi Maran: SC to...

Team PGurus - February 13, 2023 0

SpiceJet gets three months Rs.75 cr to Maran, Kal Airways towards the interest component The Supreme Court on Monday said the bank guarantee of Rs.270...

The Swiss firm had filed a plea in the High Court against the airline for non-payment of over $24 million towards maintenance, repairing, and overhauling of aircraft engines and components in 2013

Law and Order

Days after the mediation process with the Maran family, SpiceJet and...

Team PGurus - August 19, 2022 0

SpiceJet-Credit Suisse financial dispute settled, inform SC The cash-strapped airline SpiceJet and Swiss firm Credit Suisse AG Thursday told the Supreme Court about the resolution...

On Nov 7, 2020, the apex court stayed the Delhi High Court order asking SpiceJet to deposit around Rs 243 crore as interest in connection with the share transfer dispute

Law and Order

SC to consider plea for mediation to settle disputes between SpiceJet...

Team PGurus - August 16, 2022 1

SC to contemplate mediation plea to settle SpiceJet & Maran dispute The Supreme Court on Tuesday said it would consider a joint request for mediation...