The Supreme Court directed SpiceJet Ltd. on Monday to pay $1.25 million to Credit Suisse AG before March 15 in order to clear out its arrears before the next date of hearing.
Appearing for Credit Suisse, senior advocate Siddhartha Dave told a bench of Justices Hima Kohli and Ahsanuddin Amanullah that as of Feb. 15, the budget carrier was in default of $1.25 million.