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Kalanithi Maran
Kalanithi Maran (born 24 July 1964) is a prominent Indian media baron and the founder-chairman of Sun Group, one of India’s largest media conglomerates. Based in Chennai, he has built a vast business
...Read more- Maran Vs SpiceJet case: Delhi HC defers hearing to November 20
The HC has also asked SpiceJet to file a copy of their statement of accounts for the quarter ending September 30.
- SpiceJet soars 20% amid reports of Rakesh Gangwal buying stake
SpiceJet in September said it had completed the payment of Rs 100 crore to former promoter Kalanithi Maran's KAL Airways.
- Maran Vs SpiceJet: Delhi HC defers hearing of the case to October 9
The case, which was listed for hearing at 2:15 PM was adjourned as the bench could not assemble.
- SpiceJet completes payment of Rs 100 crore to Kalanithi Maran
The development comes a day after SpiceJet assured that its chairman and promoter Ajay Singh will make Rs 100 crore payment to media baron Kalanithi Maran in compliance with an earlier Delhi High Court order.
- SpiceJet to complete Rs 100-crore payment to Kalanithi Maran today
The budget airline also noted that it would make a payment of $1.5 million in the Credit Suisse case, in accordance with a court directive.
- Delhi High Court directs SpiceJet, Ajay Singh to clear Maran's due by tomorrow
The court had on August 24 directed Singh and SpiceJet to pay Rs 100 crore to Maran by September 10
- Kalanithi Maran files caveat against SpiceJet in Supreme Court
The caveat has been filed against Delhi HC's August 24 order refusing to stay the operation of an arbitral award
- Maran Vs SpiceJet: High Court dismisses SpiceJet's plea to stay arbitral award
A division bench of the Delhi High Court has denied relief to SpiceJet CMD Ajay Singh
- Moneycontrol Selects: Top stories this afternoon
Our specially curated package of the big stories to help you stay at the top of your game.
- Kalanithi Maran Vs SpiceJet: Ajay Singh challenges HC order backing arbitration award
The case came up for hearing today before a division bench of the Delhi High Court led by Justice Yashwant Varma.
- Kalanithi Maran seeks attachment of 50 percent of SpiceJet's daily revenue
The case is likely to come up for hearing on August 24. The court has also asked SpiceJet's Chairman and Managing Director Ajay Singh to be personally present in the court.
- Kalanithi Maran Vs SpiceJet: Delhi High Court upholds arbitral award against SpiceJet
The court also rejected Maran's challenge to the arbitral award. Maran had requested to invalidate the portion of the award that included the interest on the amount of Rs 270 crore for the non-issuance of compulsory redeemable preference shares.
- Delhi HC asks SpiceJet's Ajay Singh to be present at hearing on non-compliance charges
The order was passed in an application by Kalanithi Maran, the chairman of Sun Group alleging that SpiceJet has not filed an affidavit of assets and liabilites as per the court's orders.
- SpiceJet vs Kalanithi Maran: SC refuses to grant additional time to SpiceJet to comply with its order
The court pulled up SpiceJet for filing the application and noted that SpiceJet was pursuing a luxury litigation and said it will not grant any extension to SpiceJet as commercial morale must be upheld.
