Kalanithi Maran moves SC after Delhi HC rejects ₹1,323 crore claim against SpiceJet
Yeni Delhi: Kalanithi Maran and Kal Airways mobilized the Supreme Court and a Delhi Supreme Court decision that rejected the decision of the Supreme Court of Delhi LaIn a dispute dating back to 2015, 1,323 Crore in damage from Spicejet.
On Friday, a holiday bench of Justices Ps Narasimha and R. Mahadevan agreed to hear its petitions on 18 July.
Maran and Kal Airways challenged the order of the Supreme Court of Delhi dated May 23rd, rejecting their appeals due to delays.
Justice C. Hari Shankar and Ajay Digpaul refused to ignore a 226 -day delay in the filling of a 55 -day delay in the file, called a 226 -day delay in the filling, calling their actions as “calculated gambling ve and accused them of deliberately hiding them from the court and Spicejet.
It should be noted that the condemnation of the delay means the permission of the court to file a lawsuit or to appeal after the deadline. In accordance with the limitation law, the parties usually take 90 days to appeal to a division of a single judge. If they miss this last date, they will explain the reasons for the delay and search for condemnation. In this case, the court did not accept the statements.
Also read | 37 Crore to seize Sun TV controlMint Description: How did Kalenithi Maran spend? La37 Crore to seize Sun TV’s control
The background of the dispute
This legal war is based on 2015 when Maran and Kal Airways transfer all their shares in Spicejet to Ajay Singh for a nominal La2 in the midst of a financial crisis that has almost closed the airlines. Singh as part of the agreement, La1,500 crore.
Maran and Kal Airways also paid La679 Crore to Spicejet for giving convertible warrants and preference shares. However, they were never published under Singh’s administration and encouraged Maran to approach the Delhi Supreme Court in 2017 for reimbursement.
Arbitration Award and Court Challenges
In July 2018, an arbitration panel of three retired Supreme Courts rejected Maran’s claim. La1.323 CRORE DAMAGE but gave a refund ordered La579 CRORE PLU INTEREST. Both sides challenged the parts of this award in accordance with the Arbitration Law in the High Court.
In 2023, Justice Chandra Dhari Singh of the Supreme Court of Delhi ordered to reimburse Spicejet and Singh. La308 Crore for warrants and La270 Crore and applicable interest for preference shares. Spicejet then challenged this decision before the division counter.
Also read: Brothers Savaş: Dayanidhi wants Kalanithi to deliver the media giant Güneş TV
In May 2024, the chapter bench was relieved to Spicejet by sending it back to a single judge for a new assessment. La270 CRORE REFUGE PAYMENT.
Maran and Kal Airways approached the Supreme Court against the decision to reclaim the case, but his objections were rejected in July 2024.
Shortly thereafter, they filled their long -standing appeals against the 2023 decision of the single judge and led to the dismissal of the Supreme Court department’s counter due to delays of May 2025.
In a stock exchange held on May 26, Spicejet welcomed the decision of the Supreme Court. “These allegations were extensively examined and rejected by a panel of three retired Supreme Court judges.
