The Delhi High Court on Tuesday deferred, to October 9, hearing on Kal Airways' promoter Kalanithi Maran's plea against SpiceJet Chairman and Managing Director (CMD) Ajay Singh over paying him a Rs 100 crore arbitral awardOn September 11, the .
The airline, in its appeal filed in May 2023 challenging the HC order, said that these employees were on “fixed-term contracts” and their employment came to an end on expiry of the contract period.
The Supreme Court recently directed SpiceJet to pay $1 million per month to global investment bank, Credit Suisse for 6 months, towards clearing long-pending dues from the airline company.
The Supreme Court on Friday directed Spicejet Chairman and Managing Director Ajay Singh to pay $1 million every month to the global investment bank and financial services firm Credit Suisse for a period of the next six months.A bench of .