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Bhavini Mishra is a senior law correspondent at Business Standard, specialising in commercial law, insolvency, intellectual property law, and policy matters. In her leisure time, she enjoys discovering new food spots and binge-watching TV shows, combining her love for good food and compelling narratives.
Bhavini Mishra is a senior law correspondent at Business Standard, specialising in commercial law, insolvency, intellectual property law, and policy matters. In her leisure time, she enjoys discovering new food spots and binge-watching TV shows, combining her love for good food and compelling narratives.
Justice Tara Vitasta Ganju initially remarked that "it is incumbent upon the DGCA to deregister the aircraft", but later permitted the aviation regulator to articulate its position on the matter
The bench highlighted that since the requests made by all involved parties were based on similar grounds, a fresh bench could determine the outcomes
Say payment not in compliance with resolution plan; consortium questions lenders' intent to transfer airline's ownership
SpiceJet on 12 September paid Maran Rs 100 crore out of an order of Rs 380 crore for an arbitral award
The court clarified that pilots who are resigning without serving their notice periods during the pendency of the current case do so at their own risk
The appellate tribunal has asked the parties in the case to submit their responses within four weeks
Akasa had told the court that they have cancelled 24 flights per day and they operate 120 flights per day
SpiceJet said that the apex court can send the airline's chairman and managing director, Ajay Singh, to exile if the undertaking is not honoured
The lessor's counsel told the court that if the RP of the airline says that it should fly, then they should demonstrate that
the court was not convinced by this argument saying that Jhakaas is 'Bambaiyya Hindi and if that is the case, it cannot be protected.'
Forced to cancel 24 flights a day, says airline
The next hearing in the case is likely on October 13
The Centre had appealed against the single-judge bench order of Delhi High Court on May 9 dismissing its petition
"It should be ensured that the disclosure doesn't result in a media trial so as to allow pre-determination of the guilt of the accused," the Court said
The Delhi High Court on August 24 told CMD Singh to pay Rs 100 crore dues to Maran by September 10
Engine lessors tell NCLT moratorium for airline doesn't apply; arguments to continue on Sept 22
The ministry will now nominate the members of the committee, established under the Environment (Protection) Act, 1986, and have the final say on the merits of its recommendations
The court on July 25 had given additional time to the airline to pay its dues to Credit Suisse as part of the court-agreed settlement between both parties
This is as part of the over Rs 380 crore arbitral award dues he has to pay
'Nothing is going to happen in three weeks,' CJI tells firm counsel