Not possible: Kalanithi Maran, KAL Airways to SC on Rs 600 crore settlement offer by SpiceJet

Kalanithi Maran and KAL Airways informed the Supreme Court on Monday that SpiceJet’s offer of Rs 600 crore towards full and final settlement of the share transfer dispute was not acceptable.

Senior advocate Maninder Singh, representing KAL Airways, submitted before a bench headed by Chief Justice N.V. Ramana that it was not possible for his clients to consider the offer proposed by SpiceJet airlines.