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KALANITHI MARAN ARBITRATION
Delhi High Court reserves order on SpiceJet's plea to review Rs 144 cr payment order in dispute with MaranThe Delhi High Court has announced it will take more time to decide on a review petition presented by SpiceJet and its head, Ajay Singh. Th...
Maran case: SpiceJet asks for more time to deposit Rs 144 crSpiceJet faces a critical juncture. The airline informed the Delhi High Court that an immediate Rs 144 crore deposit in a dispute with Kala...
SpiceJet vs KAL Airways, Kalanithi Maran: Airline confident of Rs 144 cr refund on completion of legal processSpiceJet is confident of a Rs 449 crore refund after a legal process, despite the Supreme Court declining its plea to challenge a Delhi Hig...
Supreme Court rejects SpiceJet's plea, imposes fineUpholding the January 19 order that also reprimanded SpiceJet for failing to fulfil its obligations even after three years of the apex cour...
Delhi HC dismisses Rs 1,300 cr damages appeal by Kalanithi Maran & KAL Airways against SpiceJetThe Delhi High Court's Division Bench has dismissed the appeal by KAL Airways and Kalanithi Maran, who were seeking over ₹1,300 crore in da...
SpiceJet vs Kalanithi Maran case: SC upholds Delhi HC's decision, directs reconsideration of arbitral awardIn a significant relief to SpiceJet, the Supreme Court upheld a Delhi High Court division bench's decision to remand a 2018 arbitration cas...
SpiceJet says Sun Group's claims of damages are unfoundedSpiceJet and Ajay Singh refuted Kalanithi Maran and KAL Airways' Rs 1,323 crore damages claim as legally untenable. Maran plans to challeng...
SpiceJet refutes KAL, Maran's Rs 1,323 cr damages claim, terms it 'legally untenable'SpiceJet refuted the Rs 1,323 crore damages sought by Kalanithi Maran and KAL Airways as legally untenable. Maran and KAL plan to challenge...
Kalanithi Maran to seek Rs 1,323 crore in damages from SpiceJetAccording to the Sun group, as part of a share transfer agreement signed in 2015 when Ajay Singh took over SpiceJet, Maran and KAL Airways ...
KAL Airways, Kalanithi Maran to seek Rs 1,323 cr in damages from SpiceJet, Ajay SinghAgainst this backdrop, Maran and his firm KAL Airways have decided to challenge the ruling after consultation with their legal counsel. The...
SpiceJet and Sun Group in fresh war of words over shareholders disputeThe Delhi High Court had set aside its earlier order upholding the arbitral award in favour of Kalanithi Maran and against low-cost airline...
SpiceJet vs Maran case: Delhi HC asks promoter Ajay Singh to pay outstanding amount by Sept 12The Delhi High Court has ordered SpiceJet and its promoter Ajay Singh to pay the remaining Rs 32.5 crore to Kalanithi Maran and Kal Airways...
Delhi HC rejects SpiceJet's plea, refuses to interfere with 2018 arbitral awardThe Delhi High Court on Monday refused to interfere with the 2018 arbitral award that had asked SpiceJet and Ajay Singh to refund Rs 579 cr...
Supreme Court directs SpiceJet to pay Maran Rs 380-crore arbitration awardThe Supreme Court has directed SpiceJet, which had sought two more months to pay former promoter Kalanithi Maran an arbitration award of IN...
Court directs SpiceJet to pay Rs 380 crore to former promoter Kalanithi MaranDelhi High Court has ordered SpiceJet to pay INR380 crore to its former promoter, Kalanithi Maran in a seven-year-old share transfer disput...
SpiceJet shares fall 4% after Supreme Court directs airline to pay Rs 270 cr to Kalanithi MaranOn Monday, the Supreme Court of India said the bank guarantee of Rs 270 crore of SpiceJet must be encashed immediately and the money be pai...
Encash guarantee to pay arbitral award to Kalanithi Maran: Supreme Court to SpiceJetThe decision relates to a seven-year-old share transfer dispute between SpiceJet's chairman and managing director Ajay Singh and Kalanithi ...