High court grants temporary relief to SpiceJet, Ajay Singh
Delhi High Court has granted temporary relief to cash-strapped SpiceJet (SG, Delhi International) and its chairman and managing director Ajay Singh, by setting aside a previous single-bench ruling that ordered them to refund INR5.79 billion rupees (USD69.5 million) with interest to former co-owner Kalnithi Maran. In their judgment delivered on May 17, two judges, Yashwant [...]