Latest Breaking News On - Arbitral tribunal - Page 2 : comparemela.com

Fresh insolvency plea by aircraft engine lessor against SpiceJet for $12 million arrear

Engine Lease Finance BV has filed a petition in NCLT seeking insolvency proceedings against SpiceJet over arrears amounting to $12 million for the aircraft engines it had leased.

SpiceJet refutes claims by KAL Airways, Kalanithi Maran; labels damages claim as baseless

KAL Airways and Kalanithi Maran have said they will seek over Rs 1,323 crore in damages from SpiceJet and its chief, Ajay Singh

SpiceJet refutes claims by KAL Airways and Kalanithi Maran on damages of Rs 1323 crore, says damage claims baseless

Speicejet refutes Rs1,323 crore damages claim of Kalanithi Maran, KAL Airways

Calls the claim legally untenable

SpiceJet Hits Back at KAL Airways, Kalanithi Maran's Rs. 1,323 Crore Claim, Calling It Baseless

The statement added that KAL Airways and Kalanithi Maran initially sought damages of more than Rs.1300 crore during the arbitration proceedings.