Key Points
On Tuesday, the court issued a contempt notice to the airline's management after it disregarded a prior order mandating the return of two airframes and three engines to lessor TWC Aviation Capital Ltd..
The division bench of the high court has set a final deadline of July 8 for SpiceJet to return all leased assets, including the airframes, engines, and all technical records, to TWC Aviation..
On 27 May, the division bench rejected SpiceJet's plea challenging a single bench order to return the assets, citing substantial dues owed to lessors and alleged misuse of assets, particularly the use of lessor's engines in other aircraft, which violates regulations...
The single bench had on 15 May ordered SpiceJet to return two leased Boeing aircraft and their engines to TWC Aviation by 28 May due to unpaid dues..
In March, the High Court of England and Wales issued an interim injunction against SpiceJet, barring the use of TWC's engines on other aircraft due to concerns about misuse and potential damage..
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