Delhi HC Directs SpiceJet to Deposit Rs 579 Crore [Read Judgment]

The Delhi High Court has asked low cost carrier SpiceJet to deposit Rs 579 crore in connection with the share transfer dispute with its previous owner Kalanithi Maran.Justices S Ravindra Bhat and Yogesh Khanna dismissed SspiceJet’s  Aajay Singh’s appeal against the July, 2016 order of the single judge asking the budget carrier to deposit the amount.The Division bench, however, provided...