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SpiceJet vs Kalanithi Maran: Delhi HC Asks Airline, Its CMD To Pay Rs100 Cr to Kal Airways, Its Promoter by Sept 10

The Delhi High Court on Thursday asked low-cost airline SpiceJet and its Chairman and Managing Director (CMD) to pay Rs 100 crore to Kal Airways and its promoter Kalanithi Maran by September 10, failing which the court may consider the attachement of their properties.

Delhi HC Orders Spicejet, Ajay Singh To Pay Rs 100 cr To Kalanithi Maran: Check Details

On August 9, the court had issued notice on Kal Airways and Marans application seeking 50 per cent of the daily revenue collection of SpiceJet to be paid to them on a weekly basis.

SpiceJet Vs Kalanithi Maran: Delhi HC asks airline, its CMD to pay Rs100 cr to Kal Airways, its promoter by Sep 10

The Delhi High Court on Thursday asked low-cost airline SpiceJet and its Chairman and Managing Director (CMD) to pay Rs 100 crore to Kal Airways and its promoter Kalanithi Maran by September 10, failing which the court may consider the attachement of their properties.

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