City
Epaper

Relief to SpiceJet as SC stays Delhi HC order of depositing Rs 243 crore

By ANI | Updated: November 6, 2020 22:40 IST

In a relief to SpiceJet, the Supreme Court on Friday, in its interim order, stayed a Delhi High Court order to deposit Rs 243 crore with respect to the share transfer dispute with its former promoter Kalanithi Maran.

Open in App

In a relief to SpiceJet, the Supreme Court on Friday, in its interim order, stayed a Delhi High Court order to deposit Rs 243 crore with respect to the share transfer dispute with its former promoter Kalthi Maran.

Spice Jet had appealed before the Supreme Court against the order of the Delhi High Court, which had asked the airline to deposit an additional Rs 243 crore.

A three-judge Bench of the apex court, headed by Chief Justice of India Sharad Arvind Bobde, and comprising Justices A S Bopanna and V Ramasubraman, passed the interim order today.

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

Other SportsBillie Jean King Cup: ‘Expectations are there because of capability,’ says Vaishnavi Adkar after close loss vs Indonesia on Day 3

InternationalSince 28 Feb, around 8,15,000 passengers travelled to India from West Asia amid conflict: MEA

PoliticsTamil Nadu: Kanimozhi campaigns for DMK candidate Muthusamy in Erode

NationalYouth Delegation from Jammu and Kashmir participates in 'Watan Ko Jano' programme, interacts with Vice President CP Radhakrishnan

InternationalOil shock to drag growth, raise inflation: IMF

Business Realted Stories

BusinessOil shock to drag growth, raise inflation: IMF

BusinessRBI’s focus on growth, new NBFC framework to strengthen sector: Expert

BusinessHardeep Singh Puri arrives in Doha on two-day visit amid West Asia tensions impacting gas supplies

BusinessAUM in passive investment in India surges to Rs 50 lakh crore in 2026: NSE Indices CEO

BusinessTechnology for life is our vision, target to make India No 1 in global auto sector in next 7 years: Minister Gadkari