The authority has asked the airline and Sun Group chief Kalanithi Maran along with his Kal Airways to appoint an arbitral tribunal to decide the share transfer dispute between them in a year. The order came on Maran and his airline’s plea for issuing them stock warrants in SpiceJet as per a sale purchase agreement of 2015.

SpiceJet directed to deposit Rs 579 Cr in 12 months before the Delhi HC

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