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India court summons SpiceJet chief over unpaid dues

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India's top court has asked airline SpiceJet's managing director Ajay Singh to appear before the court and respond to a contempt case by Credit Suisse over unpaid dues, a lawyer involved in the case told Reuters.

Ajay Singh, Chairman and Managing Director of Indian budget airline SpiceJet, speaks with the media next to a seaplane operated by SpiceJet's Spice Shuttle, in Ahmedabad, India, October 31, 2020. REUTERS/Amit Dave/File Photomanaging director Ajay Singh to appear before the court and respond to a contempt case by Credit Suisse over unpaid dues, a lawyer involved in the case told Reuters.

SpiceJet said in a statement the debt was an old one which predated the tenure of its current management. As per Indian law, anyone found guilty of civil contempt can be punished with a fine or simple imprisonment of up to six months or both.

 

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