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The tiff between Maran and SpiceJet goes back to 2015 when Chairman and MD Ajay Singh, who used to own SpiceJet before Maran, bought it back from him.
The Division Bench said that any order absolving SpiceJet of its payment obligations would be in violation of the Supreme Court's orders of February 13, 2023.
The court is set to deliver its final order on 11 September
The case came up for hearing today before a division bench of the Delhi High Court led by Justice Yashwant Varma.
Low-cost airline SpiceJet and its Chairman and Managing Director (CMD) Ajay Singh before the Delhi High Court have challenged a single-judge order upholding, in favour of Sun Group Chairman Kalanithi Maran and Kal Airways, an arbitral award ...