The Supreme Court Today (July 23) rejected Kalanithi Maran and KAL Airways’ appeal in the SpiceJet case, calling their delay in filing a “calculated gamble.” The Court found their legal strategy dishonest and deliberate.
Today(on 26th July), The Supreme Court upheld Delhi High Court’s decision to remand the arbitration dispute between Kalanithi Maran and SpiceJet back to a single judge. This follows legal battles over an arbitral award favoring Maran, with significant financial implications for both parties. SpiceJet plans to pursue a Rs. 450 crore refund, enhancing its financial position and enabling further expansion.
Today, On 16th May, The Delhi High Court approved SpiceJet’s appeal, overturning a previous order to refund Rs. 270 crore to Kalanithi Maran. This marks a legal victory for SpiceJet in the long-standing dispute with Maran. The court upheld an Arbitral Award, overturning the previous order and setting aside the refund directive. This decision is significant for the airline.