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KAL Airways, Kalanithi Maran to Seek Rs 1,323 Crore in Damages from SpiceJet, Ajay Singh - Vimarsana News

KAL Airways, Kalanithi Maran to Seek Rs 1,323 Crore in Damages from SpiceJet, Ajay Singh

On May 17, a division bench of the court set aside a single judge bench order that had upheld an arbitral award asking SpiceJet and its promoter Ajay Singh to refund Rs 579 crore plus interest to Maran

Source: news18.com
Kalanithi Maran, KAL Airways to seek over Rs 1,323 crore in damages from SpiceJet, Ajay Singh - Vimarsana News

Kalanithi Maran, KAL Airways to seek over Rs 1,323 crore in damages from SpiceJet, Ajay Singh

On May 17, a division bench of the Delhi High Court overturned a single judge bench's decision, which had upheld an arbitral award requiring SpiceJet and Singh to refund Rs 579 crore plus interest to Maran. Maran and KAL Airways are also seeking the execution of the arbitral award to secure a refund of Rs 353.50 crore in pending dues.

14 Guwahati-Kolkata flights cancelled due to Cyclone 'Remal' - Vimarsana News

14 Guwahati-Kolkata flights cancelled due to Cyclone 'Remal'

As many as fourteen flights from Guwahati International Airport travelling to Kolkata have been cancelled in the wake of Cyclone Remal on Monday, an official said.Guwahati, May 27 (IANS) As many as fourteen flights from Guwahati International ...

Delhi High Court upholds order directing SpiceJet to return 2 aircraft, 3 engines - Vimarsana News

Delhi High Court upholds order directing SpiceJet to return 2 aircraft, 3 engines

SpiceJet told the Court that it is struggling to keep the airline running but High Court said that no interim relief can be granted.

Delhi High Court Declines To Interfere With Single Judge Order Asking SpiceJet To Handover Leased Aircrafts With Engines To TWC Aviation - Vimarsana News

Delhi High Court Declines To Interfere With Single Judge Order Asking SpiceJet To Handover Leased Aircrafts With Engines To TWC Aviation

The Delhi High Court on Monday refused to interfere with a single judge's order directing airline SpiceJet to handover two Boeing Aircrafts with engines to TWC Aviation over unpaid dues.A division...

Source: livelaw.in