A Bench Chief Justice N.V. Ramana and Justice Hima Kohli passed the order on a petition filed by Kalanithi Maran, former promoter of SpiceJet, seeking vacation of stay granted by the Apex Court on Delhi High Court's order, which had directed SpiceJet to deposit the amount
The Supreme Court was told by Sun TV founder Kalanithi Maran on Monday that it has refused the Rs 600 crore one-time settlement offer made by SpiceJet, to end a long-standing share-transfer dispute between the two.