Archive · 24 Jul 2025
Supreme Court Dismisses Maran, KAL Airways Appeal Against SpiceJet
Imagine a company, SpiceJet, had a money dispute with its former owners, Maran and KAL Airways.
They went to court, seeking over 1300 crore rupees.
However, the Supreme Court has ruled in favor of SpiceJet, dismissing the appeal.
The dispute started years ago over shares and money.
The court's decision is good news for SpiceJet but another part of the case remains to be decided.
Supreme Court dismissed the appeal by KAL Airways and Kalanithi Maran.
The appeal sought damages of over ₹1,300 crore and other claims.
The case involves a share transfer dispute dating back to 2015.
SpiceJet's appeal against interest levied and refund of CRPS amount remains.
The Delhi High Court and Arbitral Tribunal previously rejected the assertions.
- Who
- KAL Airways and Kalanithi Maran versus SpiceJet.
- What
- Supreme Court dismissed the appeal by KAL Airways and Kalanithi Maran.
- When
- Announced on July 24, 2025.
- Where
- Supreme Court.
- Why
- The appeal was for damages and other claims related to a share transfer dispute.
KAL Airways and Kalanithi Maran
SpiceJet
Damages Claim
KAL Airways and Kalanithi Maran
Sought damages from SpiceJet
SpiceJet
Court ruled against their claims
- Parties Involved
- SpiceJet, KAL Airways, Kalanithi Maran
- Claimed Damages
- Over ₹1,300 crore
- Related Issue
- Share transfer dispute
- Previous Rulings
- Rejected by Arbitral Tribunal, Delhi High Court
- SpiceJet Appeal
- Challenging interest levied and CRPS refund