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SPICEJET COURT CASE
SpiceJet shares jump 6% after Supreme Court rejects Rs 1,300 crore damages appeal by Kalanithi Maran, KAL AirwaysSpiceJet shares jumped 6% after the Supreme Court dismissed a Rs 1,323 crore damages appeal by KAL Airways and Kalanithi Maran. Courts crit...
Kalanithi Maran, KAL Airways move SC after Delhi HC rejects plea seeking ₹1,323 crore from SpiceJetKalanithi Maran and KAL Airways have escalated their legal battle with SpiceJet to the Supreme Court, challenging the Delhi High Court's di...
Another turbulence for SpiceJet? Falgu Aviation claims airline owes it Rs 67 croreFalgu Aviation Leasing Ltd has approached the NCLT against SpiceJet Ltd, seeking unpaid rental dues of Rs 67 crore for a leased Boeing 737....
Kalanithi Maran vs SpiceJet: SC upholds Delhi HC's order remanding arbitration dispute back to single judgeThe Supreme Court on Friday upheld a division bench order of the Delhi High Court, remanding the arbitration dispute in Kalanithi Maran's c...
Legal trouble for SpiceJet: Delhi HC orders registration of contempt case for failing to return engine to lessorSpiceJet Contempt Notice: The Delhi High Court orders contempt case against SpiceJet directors for failing to comply with court orders to h...
SpiceJet clears dues, no longer in default, SC notifiedThe court was hearing a contempt petition filed by Credit Suisse against Singh over the non-payment of dues despite a court-approved commer...
Supreme Court directs SpiceJet to clear $1.25 million dues to Credit Suisse by March 15The Supreme Court instructed SpiceJet to settle its outstanding dues of $1.25 million to Credit Suisse by March 15 in a payment dispute tot...
SC agrees with SpiceJet payment proposal, orders airline to pay $1 mn every month for the next 6 months to Credit SuisseSpiceJet's Chairman, Ajay Singh, has been ordered by the Supreme Court to pay $1 million every month for the next six months to clear arrea...
SpiceJet questions the maintainability of insolvency petitions by aircraft lessors Wilmington and CelestialSpicejet is challenging the insolvency petitions filed against it by aircraft lessors Wilmington Trust SP Services and Celestial Aviation S...
SpiceJet to repay Kalanithi Maran and Credit Suisse as per court directionsSpiceJet Ltd. has announced that it will complete the payment dues to former promoter Kalanithi Maran by tomorrow, as directed by the Delhi...
No question of amicable settlement with SpiceJet: Sun GroupLast week, the Supreme Court had directed SpiceJet to pay the entire arbitral amount of Rs 380 crore to its former promoter Kalanithi Maran...
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, Credit Suisse back in a courtroom battle over non-payment of duesIndia's SpiceJet rejected Credit Suisse's allegations, stating that it made the scheduled April payment, and submitted to the Supreme Court...
Spicejet should consider giving some interest to Kal Airways, Kalanithi Maran: Supreme CourtA bench comprising Chief Justice N V Ramana and Justices Krishna Murari and Hima Kohli has now fixed the case for further hearing on April ...
SpiceJet settles $24 million financial dispute with Credit SuisseThe airline said that the documentation process of the settlement terms is underway. Notably, the process involves payment of the settlemen...
Not possible: Kalanithi Maran, KAL Airways to SC on Rs 600 crore settlement offer by SpiceJetKalanithi Maran and KAL Airways informed the Supreme Court on Monday that SpiceJet's offer of Rs 600 crore towards full and final settlemen...
SpiceJet settles disputes with Canadian plane maker De Havilland"All related proceedings before the UK court and execution proceedings before the Delhi High Court have been stayed and will be withdrawn u...