Madras High Court orders winding up of SpiceJet over outstanding dues - The Indian Express
? SpiceJet “has miserably failed to satisfy the three pronged test suggested by the Supreme Court in Mathusudan Govardhandas & Co Vs Madhu Woollen Industries, and hence had rendered itself liable to be wound up for its inability to pay its debts under Sectio…
The Madras High Court has ordered the winding up of SpiceJet and asked the official liquidator to take over the low-cost airlines assets in a case related to non-payment of unpaid dues of around $24.… [+1200 chars]
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