Mint Explainer | Why SpiceJet is back in the Supreme Court: Inside the ₹144 crore Maran dispute

In its defense during the enforcement and contempt proceedings, SpiceJet argued that it was facing severe financial stress and liquidity constraints. It was stated to the courts that the aviation sector was affected by high fuel prices, exchange rate fluctuations and the permanent effects of the epidemic. The airline said it prioritized essential operational payments such as aircraft rentals, employee salaries and airport dues to ensure continuity of services.