KAL Airways, owned by Kalanithi Maran, has countered that SpiceJet’s review petition is essentially an attempt to keep the ...
Kalanithi Maran claims SpiceJet owes over ₹400 crore in arbitration, far exceeding the airline's stated ₹144.5 crore. The ...
Justice Subramonium Prasad reserved the order after hearing the senior counsel appearing for the parties. On January 19, the court directed SpiceJet and Ajay Singh to deposit ₹144 crore with the ...
The review plea assumes significance as SpiceJet is facing a severe liquidity crunch due to flight disruptions linked to the West Asia war.
SpiceJet and promoter Ajay Singh petitioned for a review of a court order demanding a Rs 144 crore deposit amid a legal dispute with Kalanithi Maran and Kal Airways. Arguing financial distress, they ...
12don MSN
SpiceJet warns of collapse in Delhi high court, seeks relief from ₹144.5 cr deposit in Maran dispute
SpiceJet said its operations and cash flows have been severely impacted, particularly due to restrictions on flights to the ...
Delhi HC reserves order on SpiceJet plea seeking review of ₹144 crore deposit in dispute with Kalanithi Maran, as airline ...
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