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