Court orders Rs 50,000 cost on SpiceJet and Ajay Singh as dispute with Kalanithi Maran and Kal Airways over Rs 308 crore arbitration award continues ...
SpiceJet and promoter Ajay Singh had sought reconsideration of the earlier direction on the ground of financial distress.
Singh and his budget airline had sought a reconsideration of the March 18 direction on several counts, including financial distress amid the ongoing West Asia conflict.
Delhi HC dismisses SpiceJet’s review plea, upholds Rs 144 crore deposit order in Maran dispute; Rs 50,000 cost imposed on airline. Delhi HC rejects SpiceJet plea on ₹144 cr deposit review Ajay Singh ...
SpiceJet has suffered a legal setback after the Delhi High Court dismissed its review petition in the Rs 144.5 crore dispute with Kalanithi Maran and KAL Airways. The order adds to the ongoing legal ...
The ruling leaves SpiceJet with an unchanged cash deposit obligation despite its claims of severe liquidity stress, closing another courtroom avenue in a decade-long legal battle over a distressed ...
The Delhi High Court has dismissed a review petition filed by SpiceJet and its Managing Director, Ajay Singh, against an order directing the airline to deposit Rs. 144 crore in an arbitration dispute ...
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