Page 3 - Spicejet Case

Delhi HC rejects plea to stop SpiceJet flights after seven mishaps

Referring to three incidents in May, two in June, and another two in July, the petition said the lives were at risk due to the SpiceJet's poor management

Cheating case filed against SpiceJet MD Ajay Singh, others in Gurugram

A case of fraud has been registered against SpiceJet Chairman and Managing Director Ajay Singh and others for allegedly cheating a Gurugram resident by delivering fake share certificates to him.

SpiceJet gets notice over flight safety, says will be 'doubly careful'

SpiceJet has denied any violations on its part and said it is committed to safe operations

DGCA show cause notice to SpiceJet following spate of aircraft incidents

Three incidents on Tuesday alone; airline is operating on cash-and-carry basis and vendors aren't being paid regularly, leading to shortage of spares and frequent invocation of minimum equipment list

7th crisis in 2 months for SpiceJet: Two planes in mid-air scare on Tuesday

Delhi-Dubai flight diverted to Karachi over faulty indicator light; another plane from Kandla makes priority landing in Mumbai as windshield cracks

SC to hear plea of SpiceJet against Madras HC order in winding up case

SpiceJet has rushed to the top court against the January 11 order of a division bench of the High Court

Tribunal rules in SpiceJet's favour, rejects Maran's Rs 13-bn claim

SpiceJet's ex-promoter Kalanithi Maran had made the claim for loss on account of non-issuance of share warrants but the tribunal said it can't be treated as breach by SpiceJet and Ajay Singh.

Kalanithi Maran vs Ajay Singh: Blow to SpiceJet as SC dismisses petition

July 28 The Supreme Courttoday dismissed the appeal of Spicejet challenging the order of the Delhi highcourt directing it to deposit Rs 529 crore in a share transfer dispute withmedia baron Kalanithi Maran. The bench headed byJustice Rohinton Nariman heard both counsel for Ajay Singh, who controlsSpicejet, and Abhishek Singhvi for Maran before rejecting the appeal. As aresult, Spicejet is obliged to deposit Rs 250 crore in cash and Rs 329 in bankguarantees. The payment schedule was to start in August. According to Spicejet, the high court orderwas not only wrong in law but harsh as it amounted to infliction of 'civildeath' on the company. It pleaded thatthe order has the effect of undoing all efforts of the new management andsaddles the company with huge liabilities with fatal consequences. Maran, the former promoter of the airline,had transferred his 58.46 per cent stake in Spicejet to Singh in February2015, changing the ownership of the airline. Under the agreement, ..