Delhi High Court overturns order directing SpiceJet to refund ₹270 crore to Kalanithi Maran.

Delhi High Court overturns order directing SpiceJet to refund ₹270 crore to Kalanithi Maran. The court allowed appeals from the airline and its chairman, Ajay Singh, challenging a single judge bench's order that upheld an arbitral award asking for the refund. The dispute dates back to 2015 when Ajay Singh bought SpiceJet back from Maran, who claimed damages of over ₹1300 crore.