The Supreme Court on Friday ordered carrier SpiceJet to pay the entire arbitral amount of Rs 380 crore to its former promoter Kalanithi Maran. A bench of Chief Justice D Y Chandrachud and Justice P S Narasimha did not accept the submissions of senior advocate Mukul Rohatgi, appearing for SpiceJet, and refused to give grace time.
The CJI said, “The battery of lawyers is involved in all this, and you know, the idea is just to delay complying with the court’s orders. I personally will not approve of this. The writ of the court has to be complied with, and now, they (the Delhi High Court) will execute the award,”
Appearing for Maran, senior advocate Maninder Singh stated that SpiceJet had not paid them any amount against the SC’s February order and urged the court not to grant them any extension.
The Delhi High Court asked SpiceJet to pay Rs 380 crore to Maran in a seven-year-old share transfer dispute.
On February 13, SC disposed of the case directing SpiceJet to pay Rs 75 crore against the claim within three months. However, Maran appeared in the Delhi High Court in May, stating that SpiceJet has not complied with the Supreme Court. The Delhi High thus directed SpiceJet to pay Rs 380 crore to Maran as they had not complied with the SC’s order, despite SpiceJet saying they had filed a petition seeking a three-month extension period.