• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Nation

Delhi HC Summons SpiceJet CEO, COO After Failure To Pay Lessors

OMMCOM NEWS by OMMCOM NEWS
December 16, 2024
in Nation

New Delhi:  In fresh trouble for beleaguered low-cost airline SpiceJet, the Delhi High Court has directed the chief operating officer (COO) and chief executive officer (CEO) of the carrier to appear before it, in a plea seeking compliance of over $6 million in payment to the aircraft engines lessors.

The bench “specifically denied” the request of the counsel for judgment debtor, SpiceJet, for the appearance of the two senior officers before the court through video conferencing.

“The chief operating officer (COO) and chief executive officer (CEO) of the judgement debtor are directed to remain present in court on the next date of hearing, that is, January 16, 2025,” the court said in its order on December 10.

Engine lessors, Team France 01 SAS and Sunbird France 02 SAS had initiated legal action against SpiceJet demanding the return of aircraft engines due to non-payment of contractual obligations following the termination of their agreements.

As per reports, Team France is claiming a total of $24.7 million in unpaid dues on account of three engines that were leased to the airline. As per the HC orders, the three engines have been released by the airline and returned to the lessor. Team France is now seeking recovery of unpaid dues.

“It is made clear that the request of the counsel for judgement debtor (SpiceJet) for the appearance of the aforesaid officers through video conferencing has been specifically denied,” the court’s order said.

Ajay Singh, SpiceJet’s Chairman and Managing Director, was earlier summoned by the Delhi High Court last year over non-payment of dues by SpiceJet to Kalanithi Maran, stating that SpiceJet owes him Rs 440 crore.

In January this year, a Court order compelled SpiceJet to pay an immediate $4 million to avoid the engines from being grounded.

(IANS)

Tags: Delhi High Court
ShareTweetSendSharePinShareSend
Previous Post

Former Syrian President Al-Assad Details Departure From Damascus To Russia

Next Post

Pawan Kalyan Meets Chandrababu Naidu To Discuss Nagababu’s Induction In Cabinet

Related Posts

Nation

NBA Releases Rs 55 Lakh For 18 Farmers Of Red Sanders In Tamil Nadu

October 28, 2025
Nation

Bihar: Grand Alliance Manifesto Cover Sparks Debate Over Low Muslim Representation

October 28, 2025
Nation

‘Bundle Of False Promises’: BJP Slams INDIA Bloc Manifesto

October 28, 2025
Nation

Subsidies On Phosphorus, Potash For Rabi 2025-26 To Boost Farmers’ Income: PM Modi

October 28, 2025
Nation

PFRDA Holds Seminar On Enhancing NPS, Seeks Feedback On New Flexible And Assured Pension Proposals

October 28, 2025
Nation

Rajasthan: Over 70 Pc Voters Not Required To Submit Documents During SIR

October 28, 2025
Next Post

Pawan Kalyan Meets Chandrababu Naidu To Discuss Nagababu’s Induction In Cabinet

Security Forces Bust Maoist Dump In Balangir Forest

Priyanka's 'Palestine' Handbag In Parliament Draws Criticism From Naqvi And Anurag Thakur

KHIMJI
OMC
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.