Business1 hour ago
Sinful 😈•60%
SpiceJet and Aviator ML Fined ₹15 Lakh for NCLT Delays
SpiceJet and Aviator ML have been fined ₹15 lakh each for wasting the NCLT's time. The National Company Law Tribunal deferred its order on SpiceJet's insolvency pleas after the airline revealed a settlement with an aircraft lessor just before the order was due. This decision highlights the importance of timely disclosures in legal proceedings.
⚖️ AI Verdict
"When it comes to wasting the court's time, SpiceJet and Aviator ML really took the cake!"
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File ID: #356850Original Source: LiveMint Companies ↗
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