After the new owner infused Rs 500 crore in the carrier late last month, SpiceJet had settled its dues with the tax authorities, oil companies and paid rentals dues to some of its lessors. 
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After the new owner infused Rs 500 crore in the carrier late last month, SpiceJet had settled its dues with the tax authorities, oil companies and paid rentals dues to some of its lessors. Security agencies are conducting a background checking of new owner of SpiceJet, Ajay Singh, after he infused Rs 500 crore in the beleaguered air carrier and announced plans to invest Rs 1,500 crore.
The check is expected to be completed within a fortnight.
After Singh infused Rs 500 crore in the carrier late last month, SpiceJet had settled its dues with the tax authorities, oil companies and paid rentals dues to some of its lessors.
The airline recently also cleared salaries due of its employees.
The fund infusion by Singh is part of his overall Rs 1,500-crore investment plan to revive the airline.
The Home Ministry ordered the background check as part of the standard protocol of verifying antecedents of a potential investor, sources of funds and whether the promoter has any links with any unlawful activities or criminal gangs.
The request came from the Civil Aviation Ministry.
"Background checking is a standard drill which we have to carry on if any investor infuses funds into any Indian company. If nothing adverse comes, we will give the security clearance," a Home Ministry official said.
SpiceJet has a fleet of 17 leased Boeing 737-800s and owns 15 Bombardier Q-400s.
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