SpiceJet to Seek Refund of ₹450 Crore from Former Promoter Kalanithi Maran

SpiceJet plans to reclaim ₹450 crore out of the ₹730 crore it paid to former promoter Kalanithi Maran and KAL Airways following a Delhi High Court decision. The court overturned a previous ruling asking SpiceJet and its promoter Ajay Singh to refund ₹579 crore plus interest to Maran. The matter has been sent back to the court for further review.

You May Also Like

More From Author

+ There are no comments

Add yours