In Talks With Kalanithi Maran For Interest Amount Settlement: SpiceJet Officials
NDTV
The case and the final order are still pending before the Delhi High Court, the official said, adding that Rs 380 crore is only the deposit amount.
A day after the Supreme Court refused to give more time to SpiceJet in connection with interest payment related to an arbitral award, an airline official on Saturday said it is confident of resolving through talks the issues with Kalanidhi Maran and his Kal Airways. On Friday, the Supreme Court declined to extend the time for making payment to media baron Kalanithi Maran and his Kal Airways in pursuance of an arbitral award of Rs 578 crore related to a share-transfer dispute.
The case and the final order are still pending before the Delhi High Court, the official said, adding that Rs 380 crore is only the deposit amount.
The official also claimed that the airline is engaged in talks with Kalanithi Maran and KAL Airways for a full and final settlement of the interest amount.
