Delhi High Court Gives SpiceJet 4 Weeks to Pay ₹144.5 Crore
Mint (Business)
SpiceJet faces a tight deadline from the Delhi High Court, needing to deposit ₹144.5 crore in a dispute with Kalanithi Maran. What’s next for the airline?
SpiceJet granted 4 weeks by Delhi HC to pay ₹144.5 crore.
Court rejects property pledge, insisting on cash deposit.
Legal saga dates back to 2015 amid financial struggles.
SpiceJet claims to have paid ₹730 crore to Maran so far.