{"id":481088,"date":"2022-04-01T10:42:24","date_gmt":"2022-04-01T05:12:24","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=481088"},"modified":"2022-04-01T11:06:31","modified_gmt":"2022-04-01T05:36:31","slug":"spicejet-maran-truce-likely","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/spicejet-maran-truce-likely\/","title":{"rendered":"SpiceJet-Maran truce likely"},"content":{"rendered":"<p>The Supreme Court on Thursday asked SpiceJet and its erstwhile promoter KAL Airways owned by Kalanithi Maran to explore an out of court settlement to resolve the additional Rs 300 crore sought by KAL in the share transfer dispute \u2014 even as the budget airline announced it has amicably resolved a financial dispute with creditor Credit Suisse AG to whom it reportedly owes over $24 million.<\/p>\n<p>A bench of Chief Justice N.V. Ramana, Justice Krishna Murari and Justice Hima Kohli adjourned the matter to April. <\/p>\n<p>Senior advocate Mukul Rohatgi appearing for SpiceJet said the airline had settled its dispute with Credit Suisse AG.<\/p>\n<p>Rohatgi was responding to senior advocate Dushyant Dave, representing KAL Airways,<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Supreme Court on Thursday asked SpiceJet and its erstwhile promoter KAL Airways owned by Kalanithi Maran to explore an out of court settlement to resolve the additional Rs 300 crore sought by KAL in the share transfer dispute \u2014 even as the budget airline announced it has amicably resolved a financial dispute with creditor Credit Suisse AG to whom it reportedly owes over $24 million. A bench of Chief Justice N.V. Ramana, Justice Krishna Murari and Justice Hima Kohli adjourned the matter to April. Senior advocate Mukul Rohatgi appearing for SpiceJet said the airline had settled its dispute with [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[216,130,148],"tags":[],"class_list":["post-481088","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-telegraph","category-newspapers","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/481088","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=481088"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/481088\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=481088"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=481088"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=481088"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}