SpiceJet appeal contesting refunds paid to KAL Airways pending before Supreme Court

In May 2024, Delhi High Court’s division bench set aside the single judge bench order. Subsequently, SpiceJet sought refunds of ₹450 crore claiming that it had made total payment of ₹730 crore to Marans, with ₹580 crore as principal and ₹150 as interest following the arbitral court’s order.

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