SpiceJet says Madras High Court has stayed its earlier order of winding up the airline
Shortpedia
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The Madras High Court has stayed its earlier order of winding up SpiceJet and the airline will soon initiate "appropriate remedial steps including preferring an appeal" against the order before a higher bench, the company said on Tuesday. The carrier further said it has a good case on merits and was hopeful of having favourable outcome in the appeal.