Delhi High Court has ordered SpiceJet to pay INR380 crore to its former promoter, Kalanithi Maran in a seven-year-old share transfer dispute with interest liabilities having risen from INR362 crore. Further, the judgment requires SpiceJet to provide details of its assets within four weeks. SpiceJet …

Court directs SpiceJet to pay Rs 380 crore to former promoter Kalanithi Maran

Maninder Singh, a senior advocate from Karanjawala & Co, further argued that the amount of Rs. 75 crore had not been deposited yet, resulting in an increased interest liability of Rs 380 crore

Pay Rs 380 crore to Kalanithi Maran: Delhi High Court directs SpiceJet

Budget carrier SpiceJet has been directed by the Delhi High Court to pay ₹380 crore to Kalanithi Maran, the former promoter of the airline and founder of Sun Group.

Delhi HC directs SpiceJet to pay ₹380 crore to Kalanithi Maran

Maran and Kal Airways had moved the high court over the share-transfer dispute, with SpiceJet demanding that 18 crore warrants redeemable as equity shares be transferred to them. The high court had directed SpiceJet and Singh to deposit Rs 578 crore in the high court’s registry. SpiceJet was permitt…

HC directs SpiceJet to pay Rs 75 cr to Kalanithi Maran towards interest on arbitral award

May GST collection rise 12 percent, Foxconn to invest in Karnataka to manufacture iPhones SpiceJet setback and more. 

#gdp #india #foxconn #karnataka #spicejet #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday    

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India GDP Boost, Foxconn's Karnataka Bet, SpiceJet Setback & More | India Business Hour |  CNBCTV18

Delhi HC orders SpiceJet to pay ₹380 crore to former promoter Kalanithi Maran. SpiceJet failed to make payment of ₹75 crore in 3 months as ordered by SC in February 2023. Daanish Anand reports.

#delhihighcourt #spicejet #airlines #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday   

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Delhi HC Orders Spicejet To Pay Rs 380 Crore To Former Promoter | Business 360 | CNBC TV18

The order was passed over SpiceJet’s failure to pay Rs 75 crore by May as per earlier Supreme Court order

KAL Airways case: Delhi HC orders SpiceJet to pay Rs 380 cr

* Market ends lower, slips for 2nd day in a row
* Economists hike GDP forecast
* Auto sales vroom in May
* Setback for SpiceJet: Pay ₹380 cr to Maran, says Delhi HC
* US Debt Ceiling Deal: House passes bill, #Senate next

 #sensex #nifty #headlines #topheadlines #stockmarketupdates #cnbctv18 #businessnews  #businessnewstoday #businessnewsinenglish #sharemarkettoday  

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India Gdp Estimates Hiked, Auto Sales Zoom, Setback For Spicejet & More | Business 360 | CNBC TV18

The court’s ruling which came out on Monday stemmed from a long-running battle between the Maran family and the current promoter, Ajay Singh, and SpiceJet, over contractual obligations

Delhi HC orders SpiceJet to pay Rs 380 crore to Sun Group’s Kalanithi Maran

Agitated passengers created ruckus at the Patna airport after a SpiceJet flight was delayed, said officials here on Friday

Passengers create ruckus at Patna airport as SpiceJet flight gets delayed

SpiceJet informed the passengers at Patna Airport that the flight from New Delhi was not coming to Patna in the night and hence it would be available on Friday morning.

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News & Opinions

Court directs SpiceJet to pay Rs 380 crore to former promoter Kalanithi Maran

Pay Rs 380 crore to Kalanithi Maran: Delhi High Court directs SpiceJet

Delhi HC directs SpiceJet to pay ₹380 crore to Kalanithi Maran

HC directs SpiceJet to pay Rs 75 cr to Kalanithi Maran towards interest on arbitral award

News Video

India GDP Boost, Foxconn's Karnataka Bet, SpiceJet Setback & More | India Business Hour | CNBCTV18

News Video

Delhi HC Orders Spicejet To Pay Rs 380 Crore To Former Promoter | Business 360 | CNBC TV18

KAL Airways case: Delhi HC orders SpiceJet to pay Rs 380 cr

News Video

India Gdp Estimates Hiked, Auto Sales Zoom, Setback For Spicejet & More | Business 360 | CNBC TV18

Delhi HC orders SpiceJet to pay Rs 380 crore to Sun Group’s Kalanithi Maran

Passengers create ruckus at Patna airport as SpiceJet flight gets delayed