Madras High Court stays winding up order against SpiceJet

On the same day as the order allowing winding up of the airline, the Madras High Court granted a three week stay on the order.
Madras High Court stays winding up order against SpiceJet
Madras High Court

The Madras High Court has granted SpiceJet a stay order for three weeks against its direction allowing the airline’s winding up (Credit Suisse AG v. SpiceJet Limited).

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