SpiceJet Clears Outstanding Dues, Credit Suisse Informs Supreme Court

Credit Suisse Today informed the Supreme Court that SpiceJet settled its dues, avoiding further defaults. Justices scheduled a hearing for July to ensure compliance. The case involves SpiceJet owing $20 million to SR Technics. The court had directed SpiceJet to settle the dues by March 15 and abstain from taking further risks. Previous disputes led to legal action.