SC dismisses KAL Airways, Kalanithi Maran pleas against Delhi High Court order in SpiceJet case
A bench of Justices P S Narasimha and A S Chandurkar dismissed the appeals challenging a May 23 high court order, which dismissed their pleas on grounds of delay.
The dispute among the parties arose after Singh, who owned SpiceJet earlier, bought it back from Maran after it was grounded for months due to a resource crunch. Differences arose subsequently with Maran and his firm accusing SpiceJet and Singh of breaching the agreement for issue of share warrants and preference shares to them.
The matter went to arbitration, which rejected KAL Airways' claim for Rs 1,323 crore but ordered a refund of Rs 579.08 crore, with interest.
The two sides challenged this before the high court, where a single judge on July 31, 2023, directed SpiceJet and Singh to refund Rs 270 crore plus interest to KAL Airways and Maran.
On appeal, the division bench set aside this order and remanded it back to the single judge for reconsidering the petition under Section 34 of the Arbitration and Conciliation Act, 1996.
Though KAL Airways and Maran moved the Supreme Court against this, the top court had dismissed it on July 26, 2024.
They once again challenged the single judge order before a division bench, which by order dated May 23, 2025, dismissed it on grounds of delay. This led to the present appeals before the Supreme Court, which were dismissed on Wednesday.
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