Court dismisses SpiceJet’s appeal against order to wind up
The Hindu
The Madras High Court however, extended the interim stay granted till Jan 28, to allow the airline to prefer a further appeal in the Supreme Court
A Division Bench of the Madras High Court on Tuesday dismissed challenging a single judge’s December 6 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.
Justices Paresh Upadhyay and Sathi Kumar Sukumara Kurup dictated the operative portion of their verdict in the open court and held that they were not inclined to entertain the writ appeal preferred against the orders passed by Justice R. Subramanian on a company petition filed against the air carrier.
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