India’s Supreme Court Dismisses Kalanithi Maran’s Appeal in SpiceJet Dispute
India’s Supreme Court has ruled against Kalanithi Maran and his investment vehicle, KAL Airways, in their long-standing legal dispute with… Read More »
SpiceJet’s Board Greenlights ₹30 Billion Capital Injection
SpiceJet (SG) has received board approval for a major capital raising initiative, amounting to INR30 billion (USD358 million), as of… Read More »
SpiceJet Defends Against Renewed Damages Claims from Former Promoter Maran and KAL Airways
In the ongoing legal battle with former promoter Kalanithi Maran and KAL Airways, SpiceJet has vehemently refuted a damages claim… Read More »
India’s SpiceJet Ordered to Return Aircraft and Engines Following Court Ruling
The Delhi High Court has issued a directive to SpiceJet, a leading Indian low-cost carrier (LCC), to return two aircraft… Read More »
SpiceJet Granted Extended Deadline for Engine Lease Payments Amid Legal Challenges
SpiceJet, the Indian low-cost carrier based in Delhi, has been given an additional deadline until May 22 to settle a… Read More »
SpiceJet Confronts Insolvency Claims by DAE Capital’s SPVs in India
SpiceJet is currently embroiled in a legal battle for insolvency, initiated by three special purpose vehicles (SPVs) owned by DAE… Read More »
SpiceJet Takes Ownership of 22 Aircraft Following Settlements with Lessors
In a series of strategic moves, SpiceJet, based at Delhi International, has successfully transferred the ownership of 22 aircraft from… Read More »
SpiceJet Faces Allegations of Ignoring Court Order in Payment Dispute with Former Owner
SpiceJet and its Managing Director, Ajay Singh, are under scrutiny for allegedly failing to adhere to a court directive to… Read More »