SC stays HC order asking SpiceJet to pay around Rs 243 cr to Kalanithi Maran, firm
New Delhi: The Supreme Court has stayed a Delhi High Court order asking cash-strapped airlines SpiceJet to deposit around Rs 243 crore as interest in connection with a share transfer dispute with its former promoter and media baron Kalanithi Maran and his firm KAL Airways. A bench comprising Chief Justice S A Bobde and justices A S Bopanna and V Ramasubramanian also issued notices to Kalanithi Maran and his firm on an appeal of SpiceJet Ltd NSE 0.49 % and its promoter filed against the September 2 order of the Delhi High Court.
“Issue notice returnable within four weeks.
