Delhi High Court Rejects SpiceJet’s Gurugram Land Security Plea
The court cited SpiceJet’s failure to honor a commitment to deposit Rs 50 crore as it rejected the airline’s proposal to offer Gurugram property instead of a Rs 144 crore deposit in its dispute with former promoter Kalanithi Maran and KAL Airways.
Court cites airline’s failure to honour its commitment to deposit Rs 50 crore as it rejects an alternative security proposal in the dispute with former promoter Kalanithi Maran and KAL AirwaysThe Delhi High Court has rejected SpiceJet’s plea to offer a Gurugram property as security instead of depos…