Sunbird Dispute: HC asks SpiceJet to disclose its assets

SpiceJet must reveal its assets to Sunbird France. The lessor seeks payment for unpaid lease rentals and engine maintenance. A UK court ordered SpiceJet to pay $8 million. Sunbird argues SpiceJet faces insolvency with many petitions pending. The airline allegedly paid its chairman advance salary despite owing money to others.

Raccontata daeconomictimes.indiatimes.com