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Credit Suisse says SpiceJet cleared all dues; SC posts case for July hearing to ensure it doesn't default again

By Economic Times - 4 months ago
The Supreme Court acknowledges Credit Suisse's confirmation that SpiceJet, under CMD Ajay Singh, has settled its $24 million payment dispute. Despite this, the court schedules a hearing in July to prevent future defaults, following SpiceJet's history of defaulting. The court had previously directed SpiceJet to clear $1.25 million dues by March 15.

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