The Supreme Court on Thursday asked Kalanithi Maran’s KAL Airways to consider the Rs 600 crore full and final settlement offer made by SpiceJet to end the protracted litigation between the erstwhile founder and its present owner Ajay Singh.
A bench of Chief Justice N.V.Ramana, Justice A.S. Bopanna and Justice Hima Kohli adjourned the matter to February 14 to enable the two parties to come out with their stance on the issue of an out of court settlement.
Senior advocate Mukul Rohatgi appeared for SpiceJet and senior advocate Maninder Singh represented Maran’s KAL Airways.
