mint - news•May 19
SC lets SpiceJet seek HC relief on ₹144.5 crore deposit amid bailout plea | Today News
5 crore deposit order in its long-running arbitration dispute with Kalanithi Maran and KAL Airways. The relief came after the airline warned that it could shut down if forced to make an immediate payment without the proposed ₹ 5,000 crore government support package for airlines. Rohatgi submitted that the Centre had announced emergency credit support measures for the aviation sector, including a proposed ₹ 5,000 crore package for airlines, and sought breathing space until those funds became available.
