During the course of the investigation, Prakash admitted to making the call and said that the same was done so that his friends could spend some more time with their new-found lovers from their recent trip to Manali.
The settlement and consent terms, executed on May 23, have also been filed before the Supreme Court for final orders
DGCA noted that as per its financial assessment the company is operating out cash and carry and its suppliers and vendors are not being paid on regular basis
SpiceJet said it has postponed its board meeting on May 30, to consider and approve the company's March quarter and FY 22 results to a later date
