The HC cautioned SpiceJet to take the deadline seriously while the lessor sought to initiate contempt proceedings against Singh if the engine was not returned as per the scheduled date. The carrier said it was ready to return the engine at its own expense through transport cargo before the deadline ends, but it was waiting for various clearances, including customs for the delivery. Both Spicejet and Engine Lease Finance agreed to get the inspection of the engine done by their own agencies by February 26.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.