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SpiceJet had previously paid Rs 730 crore to Maran and his firm, consisting of a principal amount of Rs 580 crore and an interest component of Rs 150 crore.
SpiceJet had paid a total of Rs 730 crore, including Rs 580 crore in principal along with an additional Rs 150 crore to Kalanithi Maran and KAL Airways.
The Budget carrier, SpiceJet Limited on Wednesday announced through an exchange filing that the airline is planning to ask for a refund of Rs 450 crore from the Rs 730 crore it had paid to its former owner, Kalanithi Maran, and his company, KAL Airways. This decision by the airline come after a ruling by Delhi High Court on May 17.
The Punjab and Haryana High Court bench of Justice Sanjay Vashisth directed the Public Works Department (PWD) of Chandigarh to pay a compensation of Rs. 4,00,000 to the Workman who was unjustly...
The Kerala High Court has held that its officers are duty-bound to ensure that cases are listed before the appropriate bench as per the roster, unless otherwise ordered by the Chief Justice. It stated...