The Supreme Court on Thursday asked Kalanithi Maran, the former promoter of SpiceJet, to consider an offer made in court by the air carrier to settle a prolonged share transfer dispute between them.
A Bench led by Chief Justice of India N.V. Ramana asked Mr. Maran and and his firm KAL Airways, represented by senior advocate Maninder Singh, to consider SpiceJet’s offer of a total ₹600 crore in cash to settle the dispute with no room for further litigation.