Archive · 2 Jun 2025
Delhi High Court Dismisses Maran's ₹1,300 Crore SpiceJet Appeal
Imagine a legal dispute between two parties involved with an airline, SpiceJet.
One side, Kalanithi Maran and KAL Airways, claimed SpiceJet owed them over 1300 crore rupees.
They lost in front of a special group of judges (Arbitral Tribunal) and the Delhi High Court.
They appealed again, but the court said no, they couldn't have the money.
This is about a past business deal.
Delhi High Court dismissed an appeal by Kalanithi Maran and KAL Airways.
The appeal sought damages of over ₹1,300 crore.
Claims were previously rejected by an Arbitral Tribunal and the Delhi High Court.
The order was issued on May 23, 2025.
SpiceJet shares gained over 4% following the announcement.
- Who
- KAL Airways, Kalanithi Maran, and SpiceJet
- What
- Delhi High Court dismissed an appeal by KAL Airways and Kalanithi Maran seeking over ₹1,300 crore in damages.
- When
- May 23, 2025
- Where
- Delhi High Court
- Why
- To settle a dispute over damages
- Plaintiffs
- Kalanithi Maran & KAL Airways
- Defendant
- SpiceJet
- Damages Sought
- ₹1,300+ crore
- Ruling Date
- May 23, 2025
