Delhi High Court orders SpiceJet promoter Ajay Singh to pay Rs 32.5 crore to Kalanithi Maran’s Kal Airways

Delhi High Court orders SpiceJet promoter Ajay Singh to pay Rs 32.5 crore to Kalanithi Maran’s Kal Airways

The Delhi High Court has directed SpiceJet and its promoter Ajay Singh to pay the remaining Rs 32.5 crore to Kalanithi Maran’s Kal Airways by September 12, 2023. Singh’s lawyers informed the court that they have already paid Rs 62.5 crore to Maran and have a cheque of Rs 37.5 crore in Maran’s name. SpiceJet and Ajay Singh had filed an appeal challenging the order to refund over Rs 270 crore to Maran and Kal Airways. The court had earlier directed SpiceJet to pay Rs 100 crore by September 10, 2023.

Tags: , , , , ,

TIS Staff

wp_ghjkasd_staff

Leave a Reply

Your email address will not be published. Required fields are marked *