SpiceJet acknowledges the legal process and is committed to complying with all court directives and obligations in the Credit Suisse matter and will make the payment of $1.5 million as per the court directive. Till date, SpiceJet has already paid a total of $8 million to Credit Suisse as per consent terms.

SpiceJet remains committed to the highest standards of transparency and legal compliance. This liability is an old one and predates the current Promoter taking over the company.