A special coram of Judicial Member Mahendra Khandelwal and Technical Member Anu Jagmohan Singh directed Aviator ML and SpiceJet to pay ₹7.5 lakh each to the Prime Minister’s National Relief Fund within 7 days.
The withdrawal order will take effect only after proof of payment is produced before the NCLT Registry.
If the parties fail to pay the costs, the Registry has been directed to place the matter before the coram for further orders.
The Tribunal also de-reserved its orders in 7 other insolvency petitions against SpiceJet and directed that they be placed before the regular coram for consideration.
A special coram of Judicial Member Mahendra Khandelwal and Technical Member Anu Jagmohan Singh directed Aviator ML and SpiceJet to pay ₹7.5 lakh each to the Prime Minister’s National Relief Fund within 7 days.
The withdrawal order will take effect only after proof of payment is produced before the NCLT Registry. If the parties fail to pay the costs, the Registry has been directed to place the matter before the coram for further orders.
The Tribunal also de-reserved its orders in 7 other insolvency petitions against SpiceJet and directed that they be placed before the regular coram for consideration.
