Madras HC allows winding-up plea against SpiceJet by Credit Suisse AG

Madras HC allows winding-up plea against SpiceJet by Credit Suisse AG
© Megha Mishra Madras HC allows winding-up plea against SpiceJet by Credit Suisse AG

Madras High Court on December 6 allowed Credit Suisse AG’s winding petition against SpiceJet for the default of about $20 million.

The court has also directed the official liquidator to take over the assets of SpiceJet.

(This is a developing story. Please check back for more updates)

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