SpiceJet rejects KAL Airways, Kalanithi Maran's claims of Rs 1,323 cr damages https://t.co/Hm291vHl2Q
Spicejet rejects claims by KAL Airways, Kalanithi: Report https://t.co/SnXR7cFZsN
Spicejet rejects claims by KAL Airways, Kalanithi: Report #Airways #Business https://t.co/MsOsD4qyeo
On May 27, Kal Airways and its promoter, Kalanithi Maran, announced they are seeking pending dues of ₹353.5 crore and damages exceeding ₹1,323 crore from SpiceJet and its chief, Ajay Singh. This action follows orders from the Supreme Court dated February 13, 2023, and July 7, 2023. Additionally, the Delhi High Court has refused to stay an order requiring SpiceJet to return two aircraft and three engines to its lessor, TWC. On May 28, SpiceJet refuted these claims, labeling them as legally untenable and previously rejected by the Arbitral Tribunal and the Delhi High Court.