The Delhi High Court on Wednesday asked SpiceJet Ltd to disclose its assets and revenue collection within a week in connection with a fresh plea from the budget airline’s former promoter Kalanithi Maran seeking 50% of its revenue against an arbitration award.
Justice Yogesh Khanna also sought response from SpiceJet on Maran’s demand for half of its daily revenue to be paid on a weekly basis towards payment of ₹393 crore that SpiceJet still owes him in a 2015 share transfer dispute between SpiceJet chairman and managing director Ajay Singh and Maran and his KAL Airways.
