The Delhi High Court on Monday dismissed pleas by SpiceJet and its promoter Ajay Singh seeking a review of an earlier order to deposit Rs 144 crore in connection with its legal dispute with media baron Kalanithi Maran and Kal Airways. Justice Subramonium Prasad also imposed cost of Rs 50,000 on the airline and Singh. "Dismissed with cost of Rs 50,000," the judge said while pronouncing the verdict. On January 19, the court had directed SpiceJet and Singh to deposit Rs 144 crore with the registry within six weeks against an admitted liability of Rs 194 crore. On March 18, time to make the deposit was extended by four weeks. Singh and his budget airline sought reconsideration of the March 18 direction on several counts, including financial distress amid the ongoing war in West Asia. SpiceJet instead offered a commercial property in Gurugram as security and informed the court that the Centre was willing to offer it some assistance. Maran and Kal Airways opposed the review petitions,
Sun TV denied reports of a dispute between CMD Kalanithi Maran and former Union Minister Dayanidhi Maran over a 2003 share allotment
The Court has directed the CBI Special Court to complete the trial in four months
The Maran brothers sought caushing of the charges that were framed by a CBI court on August 30 in the case of "illegal" telephone exchanges
CBI has alleged a loss of Rs 17.8 mn to the government due to the installation of an illegal telephone exchange at Dayanidhi Maran's house
ED had moved the HC challenging special court's February 2 order discharging the Maran brothers
ED on Tuesday challenged the lower court's order quashing the CBI's case against the Marans