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SC agrees to hear SpiceJet plea against admission of winding up petition by company court

Credit Suisse moved a winding up petition before the company court claiming that SpiceJet was indebted to it for more than $24 million

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Supreme Court of India. File Pic

Supreme Court of India. File Pic

The Supreme Court on Tuesday agreed to hear a plea by SpiceJet challenging a Madras High Court order, which declined to interfere with a company court's order admitting a winding up petition against the airline.

Senior advocate Mukul Rohatgi, representing SpiceJet, mentioned the matter before a bench headed by Chief Justice N.V. Ramana. Seeking urgent hearing on the matter, Rohatgi said the airline will fold up, if matter is not heard. He requested the bench for an urgent hearing on the matter.

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