Delhi Police files case against SpiceJet MD Ajay Singh for alleged non-remittance of ₹65.7 crore in provident fund contributions.

The Delhi Police's Economic Offence Wing has filed a case against SpiceJet's Managing Director Ajay Singh and other officials for allegedly failing to remit over ₹65.7 crore in provident fund contributions. Following a complaint from the Employees' Provident Fund Organisation, SpiceJet has reported clearing ten months' worth of PF dues, along with all salary and GST obligations, after raising ₹3,000 crore through a share placement.

October 04, 2024
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