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Pay $4 m to lessors by Feb 15: HC to SpiceJet

By Economic Times - 10 months ago
Justice Pratibha Singh noted that in terms of the previous order, SpiceJet had paid $450,000, but the rest of the money was yet to be paid. Noting that the airline has received substantial funding, the high court warned Spicejet "this can't go on like this...you may have to clear other outstandings but pay $4 million upfront (to lessors). This cannot work," the judge said.

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