New Delhi Jan 28 PTI The Supreme Court on Friday granted three weeks time to SpiceJet to resolve its financial dispute with Swiss firm Credit Suisse AG and stayed the operation of the Madras High Court verdict permitting winding-up petition and directing the official liquidator to take over the assets of the low-cost airline A bench headed by Chief Justice N V Ramana took note of the submissions of senior advocate Harish Salve that SpiceJet would try to resolve the issue with the Swiss firm Senior counsel Harish Salve sought three weeks time for trying to resolve the matter and Mr K V Vishwanathan appearing for the Swiss firm also agreed to the adjournment Meanwhile the high court order is stayed for three weeks the bench also comprising justices A S Bopanna and Hima Kohli ordered SpiceJet has rushed to the top court against the January 11 order of a division bench of the high court upholding a recent verdict of a single judge bench ordering its winding up and directing the official liquidator attached to the high court to take over the assets Credit Suisse AG had moved the single-judge bench of the high court alleging that SpiceJet failed to honour its commitment to pay the bills for over USD 24 million one million is equal to Rs 10 lakhs raised by it towards maintenance repairing and overhauling of the aircraft engines and components PTI SJK SJK DV DV

A seven memeber panel is formed by The Samkyukta Kisan Morcha (SKM), umbrella body of over 40 farm unions, to fight cases in courts in connection with Lakhimpur violence, according to PTI.

The Supreme Court on Tuesday asked the Uttar Pradesh government why there are only 23 eye-witnesses in the Lakhimpur Kheri violence case when hundreds of farmers were present at the rally. The court made the observation while holding a suo motu hearing on the matter. Senior advocate Harish Salve, appearing for UP govt, had told […]

The Delhi High Court Friday asked the Centre to reply to pleas by Facebook and WhatsApp challenging the new IT rules for social media intermediaries requiring the messaging app to “trace” chats and make provisions to identify the first originator of information. The pleas have challenged the new rules on the grounds that they violate […]