A bench of Justices Ranjan Gogoi, Navin Sinha and K M Joseph rejected Maran's plea.
The Delhi-based low-cost carrier has informed the exchanges that on July 20, an arbitration tribunal rejected Maran's claim of damages of Rs 1,323 crore for not issuing convertible warrants and preference shares to him and Kal Airways.
The I-T department had not produced any material to establish that Maran was responsible for the day-to-day affairs of the SpiceJet, the judge said.
The IT department informed Madras High Court that Kalanithi Maran was liable for the 'tax deducted at source defaults' as chairman and director of SpiceJet Limited with effect from November 15, 2010.
"This refers to judgement and final order dated July 29, 2016 passed by the learned single judge of the hon’ble High Court of Delhi... further modified by the order of the hon’ble Supreme Court of India dated July 31, 2017... inter- alia directing the company to deposit Rs 250 crore to the Registrar General of High Court of Delhi on or before September 14, 2017.
Justice I S Mehta issued the notices on the Central Bureau of Investigation's (CBI) plea against the February 2 order of a special court discharging all the accused in the case.
The CBI today told a special court here that more steps are needed to be taken to secure the presence of Malaysian nationals T Ananda Krishnan and Augustus Ralph Marshall in the Aircel-Maxis deal case as arrest warrants against them have been pending.
The experts generally keep a positive on the stock, but remain slightly cautious since it has rallied 38 percent in March alone.
Supreme Court today asked BJP leader Subramanian Swamy to bring "concrete material" to support his allegations of illegality committed by then Finance Minister P Chidambaram in granting FIPB clearance to Aircel-Maxis deal in 2006.
This price spike came on the back of news that ex-telecom minister Dayanidhi Maran, his brother Kalanithi Maran and the latter's wife Kaveri Kalanithi, were discharged by a special court on Thursday on charges of bribery and money laundering in the Aircel-Maxis deal.
Officials said the agency will appeal the order as it believes that its probe in the money laundering charges in was a "standalone" investigation and the "proceeds of crime" detected by it was independent of CBI's FIR and enquiry.
Special Judge O P Saini, who was scheduled to pass the order today on framing of charge as well as on bail applications of the Maran brothers and other accused persons, deferred it to January 24, saying the order is yet to be prepared.
Special Judge O P Saini, who was scheduled to pass the order today on framing of charge as well as on bail applications of the Maran brothers and other accused persons, deferred it to December 22, saying the order is yet to be prepared.
A special court has reserved its order on the issue of framing charges against former Telecom Minister Dayanidhi Maran, his brother Kalanithi Maran and others in the Aircel-Maxis deal case lodged by CBI and Enforcement Directorate (ED).
Budget carrier SpiceJet and its owner Ajay Singh have moved the Delhi High Court against its single judge's order directing the airline to deposit Rs 579 crore within 12 months in connection with a share transfer dispute with the previous airline owner Kalanithi Maran.
Under the deal with SpiceJet promoter Ajay Singh, Maran was supposed to get warrants to take his shareholding in the airline to 24 percent.
Spicejet has claimed that the Bombay Stock Exchange (BSE) and the market regulator Securities and Exchange Board of India (SEBI) do not seem to be willing to grant the necessary approvals.
Chennai-based broadcaster Sun TV Network reported a 16.26 percent increase in its net profit at Rs 236 crore for the quarter ended March 31, 2016
Chennai-based Sun TV owned by Kalanithi Maran (grandnephew of DMK President M Karunanidhi) had jumped 11 percent on Tuesday as most exit polls had predicted that the DMK-Congress alliance may win the state elections in Tamil Nadu.
In FY11 when DMK was in power, its ad revenue growth was at 23 percent which fell to -2 percent in FY12 when Jayalalitha became the Chief Minister.
Kalanithi Maran had demanded that 180 million warrants redeemable as equity shares be transferred to him. The warrants, if converted, would have given Maran and his airline, Kal, a share of 25 percent in SpiceJet.
The Delhi High Court today issued an order asking the board of SpiceJet to issue warrants to its erstwhile promoter Malanithi Karan.
The Delhi High Court on Friday had directed SpiceJet to transfer shares via a resolution to Maran‘s KAL Airways Pvt Ltd. as per the deal under which ownership of KAL has changed hands last year.
Maran and his airline, Kal, have alleged in their plea that despite giving around Rs 579 crore to SpiceJet, the carrier failed to issue them the warrants or allot them tranche 1 and 2 of convertible redeemable preference shares and the amount was not utilised for paying statutory dues.