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SC dismisses Kal Airways' ₹1300 cr damages appeal against SpiceJet
short by Shristi Acharya / on 23 Jul 2025,Wednesday
Upholding Delhi High Court's previous order, the Supreme Court dismissed an appeal by Kalanithi Maran-backed Kal Airways seeking ₹1,300-crore in damages from SpiceJet. The case relates to a long-standing share transfer dispute between SpiceJet CEO Ajay Singh and Maran since 2015. Delhi HC had criticised Maran’s delay and concealment in the appeals process, calling it a “calculated gamble”.
short by Shristi Acharya / 03:17 pm on 23 Jul
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