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HC asks SpiceJet to deposit Rs 243 cr in share transfer row with K Maran

Airline's net worth has eroded completely and it will find it deposit to deposit the amount in the deadline of 6 months.

Topics
SpiceJet | Kalanithi Maran | Delhi court

Arindam Majumder  |  New Delhi 



SpiceJet
The case relates to a dispute arising out of non-issuance of warrants in favour of Kalanithi Maran

Cash-strapped was dealt a blow by the Delhi High Court on Monday after it ordered the airline to deposit an additional Rs 243 crore within six weeks, in relation to the share transfer dispute with former promoter Kalanithi Maran, owner of the Sun group.

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First Published: Mon, September 07 2020. 15:21 IST

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