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You can’t use property without paying rent: Delhi HC rebukes SpiceJet, Ajay Singh | Mint

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The Delhi High Court has criticized SpiceJet for operating leased engines without paying rental dues, highlighting the airline's poor financial state. The court expressed doubt over the assurances made by SpiceJet's chairman and managing director, Ajay Singh, and questioned the airline's ability to fulfill its commitments. SpiceJet's legal troubles have been mounting, with previous court orders demanding personal guarantees from its directors. The airline is seeking to raise funds through a qualified institutional placement but has faced challenges in negotiations with lessors. SpiceJet's financial situation remains precarious, with declining profits and mounting liabilities.