{"id":581254,"date":"2023-06-02T09:21:42","date_gmt":"2023-06-02T03:51:42","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=581254"},"modified":"2023-06-02T09:53:58","modified_gmt":"2023-06-02T04:23:58","slug":"delhi-hc-orders-spicejet-to-pay-rs-380-crore-to-sun-groups-kalanithi-maran","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/delhi-hc-orders-spicejet-to-pay-rs-380-crore-to-sun-groups-kalanithi-maran\/","title":{"rendered":"Delhi HC orders SpiceJet to pay Rs 380 crore to Sun Group&#8217;s Kalanithi Maran"},"content":{"rendered":"<p>The Delhi High Court, on Monday, directed low-fare airline SpiceJet to pay Rs 380 crore to its former promoter Kalanithi Maran of the Sun Group. <\/p>\n<p>According to a LiveMint report, SpiceJet has also been directed to submit an affidavit of assets within four weeks. The high court&#8217;s ruling comes as a setback to the airline as it comes amid a battle with aircraft lessors on payments. <\/p>\n<p>SpiceJet witnessed a four-fold increase in its earnings to Rs 106.8 crore in the quarter that ended in December. The court&#8217;s ruling which came out on Monday stemmed from a long-running battle between the Maran family and the current promoter, Ajay Singh, and SpiceJet, over contractual obligations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Delhi High Court, on Monday, directed low-fare airline SpiceJet to pay Rs 380 crore to its former promoter Kalanithi Maran of the Sun Group. According to a LiveMint report, SpiceJet has also been directed to submit an affidavit of assets within four weeks. The high court&#8217;s ruling comes as a setback to the airline as it comes amid a battle with aircraft lessors on payments. SpiceJet witnessed a four-fold increase in its earnings to Rs 106.8 crore in the quarter that ended in December. The court&#8217;s ruling which came out on Monday stemmed from a long-running battle between the [&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":[135,167,130],"tags":[],"class_list":["post-581254","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/581254","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=581254"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/581254\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=581254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=581254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=581254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}