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.
The Supreme Court yesterday stayed the order of the Delhi High Court which had directed Spicejet Ltd to deposit Rs 243 crore in the ongoing arbitration case with its former owner Kalanithi Maran.