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 Verma and Ravinder Dudeja, accepted an appeal filed by Singh and SpiceJet against the July 31, 2023, order of the single bench. The case has now been remanded to…

Source: ch aviation
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