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HC rejects SpiceJet’s plea for review of Rs 144 crore deposit order. india news

HC rejects SpiceJet's plea for review of Rs 144 crore deposit order

New Delhi: Rejecting an attempt by SpiceJet and its promoter Ajay Singh The ongoing West Asia crisis will be cited as grounds for review of the court’s earlier order to deposit Rs 144 crore in connection with its legal dispute with the media giant. Kalanidhi Maran And tomorrow airways, Delhi High Court The petition was rejected on Monday.Delhi HC also imposed a fine of Rs 50,000 on the airline and Singh for disobeying Supreme Court orders to deposit the amount. Justice Subramaniam Prasad said that “At the outset, this Court cannot forget that the commencement of hostilities in West Asia is an event that took place in February 2026, whereas the Apex Court had directed the arbitral award to be made executory on 07.07.2023… This Court is of the opinion that the review petitioners are now attempting to take advantage of an event which has taken place more than two years after the passing of the SC order… which in no way allows The review petitioners are continuously disobeying the orders of the apex court.”SpiceJet and Singh had argued that all flights are suspended due to the West Asia conflict and the airline is optimistic about receiving financial assistance from the Indian government in view of the unprecedented difficulty faced by the aviation sector.

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