SpiceJet, Genesis Settle Over $16-Million Dispute; Genesis To Acquire $4 Million In SpiceJet Equity

In a joint statement, both parties confirmed that the settlement terms would result in the withdrawal of all ongoing litigations and disputes related to the matter. This move is expected to ease SpiceJet's legal liabilities and pave the way for smoother operations in the future.

Dec 19, 2024 - 12:05
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SpiceJet, Genesis Settle Over $16-Million Dispute; Genesis To Acquire $4 Million In SpiceJet Equity
In a joint statement, both parties confirmed that the settlement terms would result in the withdrawal of all ongoing litigations and disputes related to the matter. This move is expected to ease SpiceJet's legal liabilities and pave the way for smoother operations in the future.

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