KAL airways Archives

Delhi HC has asked low-cost airline SpiceJet’s Managing Director Ajay Singh to appear before it in Jan in proceedings relating to a dispute over interest dues on arbitral award

Law and Order

Rs.570 cr dispute with Maran family: Delhi HC asks SpiceJet MD...

Team PGurus - November 21, 2023 0

In an arbitral award dispute, HC asks SpiceJet MD Ajay Singh to appear on January 10 The Delhi High Court has asked low-cost airline SpiceJet's...

Court warns Ajay Singh that it may attach the airline's assets if the payment is not made by September 10

Law and Order

Delhi HC orders SpiceJet, Ajay Singh to pay Rs.100 cr to...

PGurus Newsdesk - August 24, 2023 0

SpiceJet tells Delhi HC it is "struggling to stay afloat" On Thursday, the Delhi High Court ordered SpiceJet and its Chairman and Managing Director (CMD)...

Since SpiceJet had failed to pay Rs.75 cr, the Delhi HC observed in the order on May 29 that there was no alternative except to call upon the airline to deposit the entire outstanding amount along with interest

Law and Order

Delhi High Court orders SpiceJet to pay Rs.380 crore to Kalanithi...

PGurus Newsdesk - June 1, 2023 0

Delhi High Court issues a ruling against SpiceJet; instructs it to pay Rs.380 cr to its former promoter, Kalanithi Maran In a setback for SpiceJet,...

Sale of SpiceJet in 2014 was reminiscent of how NDTV got sold to Ambani. Was this too a quid-pro-quo?

Law and Order

Encash bank guarantee, pay Rs.270 cr to Kalanithi Maran: SC to...

Team PGurus - February 13, 2023 0

SpiceJet gets three months Rs.75 cr to Maran, Kal Airways towards the interest component The Supreme Court on Monday said the bank guarantee of Rs.270...

On Nov 7, 2020, the apex court stayed the Delhi High Court order asking SpiceJet to deposit around Rs 243 crore as interest in connection with the share transfer dispute

Law and Order

SC to consider plea for mediation to settle disputes between SpiceJet...

Team PGurus - August 16, 2022 1

SC to contemplate mediation plea to settle SpiceJet & Maran dispute The Supreme Court on Tuesday said it would consider a joint request for mediation...