Budget airline says KAL initially sought damages of over ₹1,300 crore during arbitration proceedings, which was rejected by a panel of three retired SC judges
Delhi High Court warns Ajay Singh that it may attach the airline's assets if the payment is not made by September 10.
SpiceJet says the final amount to be paid by either side will be determined by Delhi HC, and that orders in this petition were reserved and are awaited
SC refuses to grant any extension to SpiceJet, directs to pay ₹380 cr to ex-promoter Maran in the 2018 arbitration award case
The Delhi High Court directs SpiceJet to deposit the entire outstanding amount and file an affidavit of assets within four weeks.
As the bitter fight between Kalanithi Maran and Ajay Singh progresses, it has taken on very personal overtones.
