SpiceJet battle lost by Kalanithi Maran, but gets back Rs 579 crore
An arbitration tribunal has rejected the Rs 1,323 crore damages claim from Spicejet and a bid to take control of the airline by its previous owner Kalanithi Maran and his company Kal Airways, after a bitter share transfer dispute.
An arbitration tribunal has rejected the Rs 1,323 crore damages claim from Spicejet. Image source: Reuters