{"id":594837,"date":"2023-08-01T11:00:56","date_gmt":"2023-08-01T05:30:56","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=594837"},"modified":"2023-08-01T11:00:56","modified_gmt":"2023-08-01T05:30:56","slug":"court-upholds-2018-arbitral-award-in-maran-spicejet-case","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/court-upholds-2018-arbitral-award-in-maran-spicejet-case\/","title":{"rendered":"Court upholds 2018 arbitral award in Maran-SpiceJet case"},"content":{"rendered":"<p>The Delhi High Court on Monday refused to interfere with the 2018 arbitral tribunal award that asked SpiceJet to refund \u20b9579 crore with interest to former promoter Kalanithi Maran in a seven-year-old share transfer dispute.<\/p>\n<p>While rejecting the cross-petitions by Maran and SpiceJet challenging the arbitral tribunal&#8217;s 2018 award, Justice CD Singh held that the parties have &#8220;failed to substantiate the grounds for setting aside the impugned Arbitral Award of July 20, 2018&#8221; and even the court is &#8220;barred from entering into the merits of an Award.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Delhi High Court on Monday refused to interfere with the 2018 arbitral tribunal award that asked SpiceJet to refund \u20b9579 crore with interest to former promoter Kalanithi Maran in a seven-year-old share transfer dispute. While rejecting the cross-petitions by Maran and SpiceJet challenging the arbitral tribunal&#8217;s 2018 award, Justice CD Singh held that the parties have &#8220;failed to substantiate the grounds for setting aside the impugned Arbitral Award of July 20, 2018&#8221; and even the court is &#8220;barred from entering into the merits of an Award.&#8221;<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-594837","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/594837","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=594837"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/594837\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=594837"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=594837"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=594837"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}