SC dismisses SpiceJet's plea against HC order grounding 3 aircraft engines

  • 20 Sep 2024
  • Team Edukating
  • 388

The Supreme Court on Friday upheld an order of the Delhi High Court which directed low-cost airline SpiceJet to ground three aircraft engines for defaulting on payments to lessors.

A bench comprising Chief Justice D Y Chandrachud and Justices J B Pardiwala and Manoj Misra dismissed the appeal filed by SpiceJet against the high court verdict of September 11.

"We will not interfere. It's a correct order," the bench said.

A division bench of the Delhi High Court had held that the carrier had violated an agreed interim arrangement for payment of dues and upheld an order of a single-judge bench asking the low-cost airline to ground the three engines for defaulting on the payments.

 The single-judge bench of the high court had on August 14 directed SpiceJet to ground three engines by August 16 and hand them over to their lessors -- Team France 01 SAS and Sunbird France 02 SAS.

Source : https://www.business-standard.com/companies/news/sc-dismisses-spicejet-s-plea-against-hc-order-grounding-3-aircraft-engines-124092000561_1.html

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