NEW DELHI: The Supreme Court on Thursday said it would hear on April 12 the matter relating to a dispute between low-cost airline SpiceJet and media baron Kalanithi Maran and his Kal Airways over payment of interest in connection with a share-transfer issue.
On February 14, Kal Airways and Maran had told the apex court that they were not agreeable to two proposals to settle their dispute with SpiceJet on payment of interest in connection with the share-transfer issue as the low-cost airline owed them around Rs 920 crore in pursuance of an arbitral award.
