Delhi HC defers hearing in bail plea of SpiceJet MD as parties reach settlement
₹10 lakh. It was also alleged that Singh had handed over outdated and invalid DIS (delivery instruction slip). In April 2022, the high court had granted interim relief to Singh, staying any coercive action against him by the police.
However, in September 2022, the court clarified that it had not stayed the investigation against him. Furthermore, the trial court last month had rejected Singh's anticipatory bail plea, citing the gravity of the offence as a reason not to grant relief. Ajay Singh and SpiceJet continue to face various legal challenges in different courts.
In the Delhi high court, Singh is engaged in a legal dispute related to an arbitration award with former promoter Kalanithi Maran. The court has warned of asset attachment in case of non-payment of dues. In the Supreme Court, SpiceJet is facing legal action from Credit Suisse due to a payment default.
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