"This is not the way to run an airline, we will declare you insolvent:" Supreme Court to SpiceJet
A Bench headed by Chief Justice of India NV Ramana, however, granted a 3-week stay on the judgment of Madras High Court which had upheld a company court order admitting the winding up petition against the airline.
The Supreme Court on Friday granted interim relief to airline company, SpiceJet in relation to the winding up petition against it [SpiceJet v. Credit Suisse].