"Not Bothered Even If You Die": Supreme Court To SpiceJet Chief Over Dues

The Supreme Court asked Ajay Singh to pay $ 5,00,000 towards an instalment to the Swiss firm along with $ 1 million defaulted amount.

The Supreme Court has come down hard on SpiceJet Chairman and Managing Director Ajay Singh, warning him he will be sent to Tihar jail for non-compliance with its order on making payment to global investment bank and financial services firm Credit Suisse AG.

The top court asked Mr Singh to pay $ 5,00,000 towards an instalment to the Swiss firm along with USD 1 million defaulted amount.

"We have to move to the next drastic step. We are not worried even if you shut down," a bench of Justices Vikram Nath and Ahsanuddin Amanullah observed.