Saturday, June 03, 2023

What are the key litigations SpiceJet is fighting in Delhi courts?

 On May 29, the Delhi High Court ordered domestic budget carrier SpiceJet to pay Rs 380 crore to Kalanithi Maran, the former promoter of the airline and the founder of media giant Sun Group. The direction comes as it was informed to the HC that the airline has not complied with the Supreme Court’s direction of February 2023 asking it to pay Rs 75 crore to Maran. While this might be a substantial sum, the airline is fighting two other litigations which have a substantial financial bearing on it. Moneycontrol explains three such litigations that SpiceJet is fighting. Losing any of these litigations will have serious consequences on the airline’s finances.

Read all about the cases >>

To Read the News in full at Source, Click the Headline


Post a Comment