{"id":41995,"date":"2016-03-16T06:44:16","date_gmt":"2016-03-16T01:14:16","guid":{"rendered":"https:\/\/www.legalindia.com\/news\/?p=41995"},"modified":"2016-03-16T06:44:16","modified_gmt":"2016-03-16T01:14:16","slug":"hc-clears-issuance-warrants-spicejet-kalanithi","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/news\/hc-clears-issuance-warrants-spicejet-kalanithi","title":{"rendered":"HC clears issuance of warrants in Spicejet to Kalanithi"},"content":{"rendered":"<figure id=\"attachment_41996\" aria-describedby=\"caption-attachment-41996\" style=\"width: 300px\" class=\"wp-caption alignright\"><a href=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2016\/03\/hcspicejet-kEjD-621x414%40LiveMint.jpg?ssl=1\" rel=\"attachment wp-att-41996\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"41996\" data-permalink=\"https:\/\/www.legalindia.com\/news\/hc-clears-issuance-warrants-spicejet-kalanithi\/hcspicejet-kejd-621x414livemint\" data-orig-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2016\/03\/hcspicejet-kEjD-621x414%40LiveMint.jpg?fit=621%2C414&amp;ssl=1\" data-orig-size=\"621,414\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Spicejet to Kalanithi Maran\" data-image-description=\"&lt;p&gt;Spicejet to Kalanithi Maran&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Spicejet to Kalanithi Maran&lt;\/p&gt;\n\" data-large-file=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2016\/03\/hcspicejet-kEjD-621x414%40LiveMint.jpg?fit=621%2C414&amp;ssl=1\" class=\"wp-image-41996 size-medium\" src=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2016\/03\/hcspicejet-kEjD-621x414%40LiveMint.jpg?resize=300%2C200&#038;ssl=1\" alt=\"Spicejet to Kalanithi Maran\" width=\"300\" height=\"200\" srcset=\"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2016\/03\/hcspicejet-kEjD-621x414%40LiveMint.jpg?resize=300%2C200&amp;ssl=1 300w, https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2016\/03\/hcspicejet-kEjD-621x414%40LiveMint.jpg?w=621&amp;ssl=1 621w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><figcaption id=\"caption-attachment-41996\" class=\"wp-caption-text\">Spicejet to Kalanithi Maran<\/figcaption><\/figure>\n<p>New Delhi,\u00a0 Delhi High Court today passed an interim order paving the way for issuance of stock warrants in and his Kal Airways Pvt Ltd (KAL) saying there was no impediment before BSE in considering their joint representation seeking approval of the warrant issue.<\/p>\n<p>As per the plea of Sun group head Kalanithi Maran, he and KAL were to be issued stock warrants in Spicejet by the airline under a 2015 sale purchase agreement (SPA) which led to change in ownership of the budget carrier.<\/p>\n<p>Maran had sought that the warrants be issued in terms of an application made to the Bombay Stock Exchange (BSE) on September 18, 2014 and which had been approved by company&#8217;s board on September 24, 2014.<\/p>\n<p>In an interim order, Justice Manmohan Singh said, &#8220;I am of the view that at present, there is no impediment if BSE may consider application dated September 18, 2014, in light of change of circumstances, because of the reason that earlier respondent 1 (Spicejet) did not provide clarification and now since clarification is available coupled with subsequent events, application dated September 18, 2014 can be considered by BSE&#8230;&#8221;<\/p>\n<p>&#8220;Accordingly, as agreed, parties will file fresh resolution along with letter of authorization before the BSE within three days from today. In case of any further queries or any clarification required by BSE, the parties are ready to cooperate with each other .<\/p>\n<p>&#8220;In view of the same, BSE will decide the application within two weeks from date of submitting the requisite paper,&#8221; the court said.<\/p>\n<p>The court also gave various suggestions including one to Maran and KAL to release Rs 100 crore to Spicejet as per the SPA.<\/p>\n<p>It also suggested that Spicejet&#8217;s board &#8220;shall pass a resolution jointly authorising representative of KAL\/Maran and the company to represent and pursue application with BSE\/SEBI seeking approval for issue of warrants&#8221;.<\/p>\n<p>&#8220;Thereafter, company (Spicejet) shall pass board resolution for issuing Convertible Redeemable Preference Shares (CRPS) in terms of provisions of SPA,&#8221; the court also suggested.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi,\u00a0 Delhi High Court today passed an interim order paving the way for issuance of stock warrants in and his Kal Airways Pvt Ltd (KAL) saying there was no impediment before BSE in considering their joint representation seeking approval of the warrant issue. As per the plea of Sun group head Kalanithi Maran, he [&hellip;]<\/p>\n","protected":false},"author":38299,"featured_media":41996,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[255,11370,36054,6139,36055,31408,2064,35138],"class_list":["post-41995","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-law-news","tag-delhi-high-court","tag-hc","tag-hc-clears-issuance","tag-justice-manmohan-singh","tag-kal-airways-pvt-ltd","tag-kalanithi-maran","tag-manmohan-singh","tag-spicejet"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>HC clears issuance of warrants in Spicejet to Kalanithi - Legal News India - Supreme Court &amp; High Court Updates<\/title>\n<meta name=\"description\" content=\"Spicejet to Kalanithi Maran ; Delhi High Court today passed an interim order paving the way for issuance of stock warrants in Spicejet to Kalanithi Maran\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.legalindia.com\/news\/hc-clears-issuance-warrants-spicejet-kalanithi\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HC clears issuance of warrants in Spicejet to Kalanithi - Legal News India - Supreme Court &amp; High Court Updates\" \/>\n<meta property=\"og:description\" content=\"Spicejet to Kalanithi Maran ; Delhi High Court today passed an interim order paving the way for issuance of stock warrants in Spicejet to Kalanithi Maran\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.legalindia.com\/news\/hc-clears-issuance-warrants-spicejet-kalanithi\" \/>\n<meta property=\"og:site_name\" content=\"Legal News India - Supreme Court &amp; High Court Updates\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/LegalindiaCom\/\" \/>\n<meta property=\"article:published_time\" content=\"2016-03-16T01:14:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2016\/03\/hcspicejet-kEjD-621x414@LiveMint.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"621\" \/>\n\t<meta property=\"og:image:height\" content=\"414\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Legal India News\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Legal India News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/hc-clears-issuance-warrants-spicejet-kalanithi#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/hc-clears-issuance-warrants-spicejet-kalanithi\"},\"author\":{\"name\":\"Legal India News\",\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/#\\\/schema\\\/person\\\/2b856940493e891fdeab60e1199c3d26\"},\"headline\":\"HC clears issuance of warrants in Spicejet to Kalanithi\",\"datePublished\":\"2016-03-16T01:14:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/hc-clears-issuance-warrants-spicejet-kalanithi\"},\"wordCount\":345,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/hc-clears-issuance-warrants-spicejet-kalanithi#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/www.legalindia.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2016\\\/03\\\/hcspicejet-kEjD-621x414%40LiveMint.jpg?fit=621%2C414&ssl=1\",\"keywords\":[\"Delhi High Court\",\"HC\",\"HC clears issuance\",\"Justice Manmohan Singh\",\"Kal Airways Pvt Ltd\",\"Kalanithi Maran\",\"Manmohan Singh\",\"Spicejet\"],\"articleSection\":[\"Top Law News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.legalindia.com\\\/news\\\/hc-clears-issuance-warrants-spicejet-kalanithi#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/hc-clears-issuance-warrants-spicejet-kalanithi\",\"url\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/hc-clears-issuance-warrants-spicejet-kalanithi\",\"name\":\"HC clears issuance of warrants in Spicejet to Kalanithi - Legal News India - Supreme Court &amp; High Court Updates\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/hc-clears-issuance-warrants-spicejet-kalanithi#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/hc-clears-issuance-warrants-spicejet-kalanithi#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/www.legalindia.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2016\\\/03\\\/hcspicejet-kEjD-621x414%40LiveMint.jpg?fit=621%2C414&ssl=1\",\"datePublished\":\"2016-03-16T01:14:16+00:00\",\"description\":\"Spicejet to Kalanithi Maran ; Delhi High Court today passed an interim order paving the way for issuance of stock warrants in Spicejet to Kalanithi Maran\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/hc-clears-issuance-warrants-spicejet-kalanithi#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.legalindia.com\\\/news\\\/hc-clears-issuance-warrants-spicejet-kalanithi\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/hc-clears-issuance-warrants-spicejet-kalanithi#primaryimage\",\"url\":\"https:\\\/\\\/i0.wp.com\\\/www.legalindia.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2016\\\/03\\\/hcspicejet-kEjD-621x414%40LiveMint.jpg?fit=621%2C414&ssl=1\",\"contentUrl\":\"https:\\\/\\\/i0.wp.com\\\/www.legalindia.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2016\\\/03\\\/hcspicejet-kEjD-621x414%40LiveMint.jpg?fit=621%2C414&ssl=1\",\"width\":621,\"height\":414,\"caption\":\"Spicejet to Kalanithi Maran\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/hc-clears-issuance-warrants-spicejet-kalanithi#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Top Law News\",\"item\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/category\\\/top-law-news\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"HC clears issuance of warrants in Spicejet to Kalanithi\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/\",\"name\":\"Legal News India - Supreme Court & High Court Updates\",\"description\":\"Get the latest legal news from the Supreme Court, High Courts, and government. Essential updates on judgements, acts, and in-depth analysis for lawyers, advocates, and law students in India.\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/#organization\"},\"alternateName\":\"Legal News India for Advocates, Lawyers & Law Students\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/#organization\",\"name\":\"Legal News India: Supreme Court, High Courts & Govt Updates\",\"alternateName\":\"Legal News India for Advocates, Lawyers & Law Students\",\"url\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/i0.wp.com\\\/www.legalindia.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2018\\\/05\\\/538552_367793346590451_81997783_n.jpg?fit=250%2C250&ssl=1\",\"contentUrl\":\"https:\\\/\\\/i0.wp.com\\\/www.legalindia.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2018\\\/05\\\/538552_367793346590451_81997783_n.jpg?fit=250%2C250&ssl=1\",\"width\":250,\"height\":250,\"caption\":\"Legal News India: Supreme Court, High Courts & Govt Updates\"},\"image\":{\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/LegalindiaCom\\\/\",\"https:\\\/\\\/x.com\\\/Legal_india\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/#\\\/schema\\\/person\\\/2b856940493e891fdeab60e1199c3d26\",\"name\":\"Legal India News\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/c408fba78be47a892c53d34c8fba7cbe12a0e770170ebcd127d6bfbd0d521664?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/c408fba78be47a892c53d34c8fba7cbe12a0e770170ebcd127d6bfbd0d521664?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/c408fba78be47a892c53d34c8fba7cbe12a0e770170ebcd127d6bfbd0d521664?s=96&d=mm&r=g\",\"caption\":\"Legal India News\"},\"sameAs\":[\"https:\\\/\\\/www.legalindia.com\\\/news\\\/\"],\"url\":\"https:\\\/\\\/www.legalindia.com\\\/news\\\/author\\\/news\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"HC clears issuance of warrants in Spicejet to Kalanithi - Legal News India - Supreme Court &amp; High Court Updates","description":"Spicejet to Kalanithi Maran ; Delhi High Court today passed an interim order paving the way for issuance of stock warrants in Spicejet to Kalanithi Maran","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.legalindia.com\/news\/hc-clears-issuance-warrants-spicejet-kalanithi","og_locale":"en_US","og_type":"article","og_title":"HC clears issuance of warrants in Spicejet to Kalanithi - Legal News India - Supreme Court &amp; High Court Updates","og_description":"Spicejet to Kalanithi Maran ; Delhi High Court today passed an interim order paving the way for issuance of stock warrants in Spicejet to Kalanithi Maran","og_url":"https:\/\/www.legalindia.com\/news\/hc-clears-issuance-warrants-spicejet-kalanithi","og_site_name":"Legal News India - Supreme Court &amp; High Court Updates","article_publisher":"https:\/\/www.facebook.com\/LegalindiaCom\/","article_published_time":"2016-03-16T01:14:16+00:00","og_image":[{"width":621,"height":414,"url":"https:\/\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2016\/03\/hcspicejet-kEjD-621x414@LiveMint.jpg","type":"image\/jpeg"}],"author":"Legal India News","twitter_misc":{"Written by":"Legal India News","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.legalindia.com\/news\/hc-clears-issuance-warrants-spicejet-kalanithi#article","isPartOf":{"@id":"https:\/\/www.legalindia.com\/news\/hc-clears-issuance-warrants-spicejet-kalanithi"},"author":{"name":"Legal India News","@id":"https:\/\/www.legalindia.com\/news\/#\/schema\/person\/2b856940493e891fdeab60e1199c3d26"},"headline":"HC clears issuance of warrants in Spicejet to Kalanithi","datePublished":"2016-03-16T01:14:16+00:00","mainEntityOfPage":{"@id":"https:\/\/www.legalindia.com\/news\/hc-clears-issuance-warrants-spicejet-kalanithi"},"wordCount":345,"commentCount":0,"publisher":{"@id":"https:\/\/www.legalindia.com\/news\/#organization"},"image":{"@id":"https:\/\/www.legalindia.com\/news\/hc-clears-issuance-warrants-spicejet-kalanithi#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2016\/03\/hcspicejet-kEjD-621x414%40LiveMint.jpg?fit=621%2C414&ssl=1","keywords":["Delhi High Court","HC","HC clears issuance","Justice Manmohan Singh","Kal Airways Pvt Ltd","Kalanithi Maran","Manmohan Singh","Spicejet"],"articleSection":["Top Law News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.legalindia.com\/news\/hc-clears-issuance-warrants-spicejet-kalanithi#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.legalindia.com\/news\/hc-clears-issuance-warrants-spicejet-kalanithi","url":"https:\/\/www.legalindia.com\/news\/hc-clears-issuance-warrants-spicejet-kalanithi","name":"HC clears issuance of warrants in Spicejet to Kalanithi - Legal News India - Supreme Court &amp; High Court Updates","isPartOf":{"@id":"https:\/\/www.legalindia.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.legalindia.com\/news\/hc-clears-issuance-warrants-spicejet-kalanithi#primaryimage"},"image":{"@id":"https:\/\/www.legalindia.com\/news\/hc-clears-issuance-warrants-spicejet-kalanithi#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2016\/03\/hcspicejet-kEjD-621x414%40LiveMint.jpg?fit=621%2C414&ssl=1","datePublished":"2016-03-16T01:14:16+00:00","description":"Spicejet to Kalanithi Maran ; Delhi High Court today passed an interim order paving the way for issuance of stock warrants in Spicejet to Kalanithi Maran","breadcrumb":{"@id":"https:\/\/www.legalindia.com\/news\/hc-clears-issuance-warrants-spicejet-kalanithi#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.legalindia.com\/news\/hc-clears-issuance-warrants-spicejet-kalanithi"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.legalindia.com\/news\/hc-clears-issuance-warrants-spicejet-kalanithi#primaryimage","url":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2016\/03\/hcspicejet-kEjD-621x414%40LiveMint.jpg?fit=621%2C414&ssl=1","contentUrl":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2016\/03\/hcspicejet-kEjD-621x414%40LiveMint.jpg?fit=621%2C414&ssl=1","width":621,"height":414,"caption":"Spicejet to Kalanithi Maran"},{"@type":"BreadcrumbList","@id":"https:\/\/www.legalindia.com\/news\/hc-clears-issuance-warrants-spicejet-kalanithi#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.legalindia.com\/news\/"},{"@type":"ListItem","position":2,"name":"Top Law News","item":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},{"@type":"ListItem","position":3,"name":"HC clears issuance of warrants in Spicejet to Kalanithi"}]},{"@type":"WebSite","@id":"https:\/\/www.legalindia.com\/news\/#website","url":"https:\/\/www.legalindia.com\/news\/","name":"Legal News India - Supreme Court & High Court Updates","description":"Get the latest legal news from the Supreme Court, High Courts, and government. Essential updates on judgements, acts, and in-depth analysis for lawyers, advocates, and law students in India.","publisher":{"@id":"https:\/\/www.legalindia.com\/news\/#organization"},"alternateName":"Legal News India for Advocates, Lawyers & Law Students","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.legalindia.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.legalindia.com\/news\/#organization","name":"Legal News India: Supreme Court, High Courts & Govt Updates","alternateName":"Legal News India for Advocates, Lawyers & Law Students","url":"https:\/\/www.legalindia.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.legalindia.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2018\/05\/538552_367793346590451_81997783_n.jpg?fit=250%2C250&ssl=1","contentUrl":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2018\/05\/538552_367793346590451_81997783_n.jpg?fit=250%2C250&ssl=1","width":250,"height":250,"caption":"Legal News India: Supreme Court, High Courts & Govt Updates"},"image":{"@id":"https:\/\/www.legalindia.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/LegalindiaCom\/","https:\/\/x.com\/Legal_india"]},{"@type":"Person","@id":"https:\/\/www.legalindia.com\/news\/#\/schema\/person\/2b856940493e891fdeab60e1199c3d26","name":"Legal India News","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/c408fba78be47a892c53d34c8fba7cbe12a0e770170ebcd127d6bfbd0d521664?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/c408fba78be47a892c53d34c8fba7cbe12a0e770170ebcd127d6bfbd0d521664?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c408fba78be47a892c53d34c8fba7cbe12a0e770170ebcd127d6bfbd0d521664?s=96&d=mm&r=g","caption":"Legal India News"},"sameAs":["https:\/\/www.legalindia.com\/news\/"],"url":"https:\/\/www.legalindia.com\/news\/author\/news"}]}},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2016\/03\/hcspicejet-kEjD-621x414%40LiveMint.jpg?fit=621%2C414&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":48856,"url":"https:\/\/www.legalindia.com\/news\/delhi-hc-order-tomorrow-spicejet-maran-share-transfer-row","url_meta":{"origin":41995,"position":0},"title":"Delhi HC order tomorrow on SpiceJet-Maran share transfer row","author":"Legal India Admin","date":"July 3, 2017","format":false,"excerpt":"The Delhi High Court is likely to pronounce tomorrow its verdict on the pleas of budget carrier SpiceJet and its co-founder Ajay Singh against a single judge order directing it to deposit Rs 579 crore in connection with a share transfer dispute with previous owner Kalanithi Maran. The judgement is\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"Delhi HC order tomorrow on SpiceJet-Maran share transfer row","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2017\/06\/delhi-high-court-300x166.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":44154,"url":"https:\/\/www.legalindia.com\/news\/hc-asks-spicejet-maran-resolve-dispute-arbitration","url_meta":{"origin":41995,"position":1},"title":"HC asks SpiceJet, Maran to resolve dispute by arbitration","author":"Legal India News","date":"July 29, 2016","format":false,"excerpt":"SpiceJet was today directed to deposit Rs 579 crore in 12 months before the Delhi High Court which asked the airline and Sun Group chief Kalanithi Maran alongwith his Kal Airways to appoint an arbitral tribunal to decide the share transfer dispute between them in a year. The order came\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"HC asks SpiceJet, Maran to resolve dispute by arbitration","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2016\/03\/vODAFON-300x200.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":48868,"url":"https:\/\/www.legalindia.com\/news\/spicejet-deposit-rs-579-cr-row-maran-delhi-hc","url_meta":{"origin":41995,"position":2},"title":"SpiceJet to deposit Rs 579 cr in row with Maran: Delhi HC","author":"Legal India Admin","date":"July 4, 2017","format":false,"excerpt":"The Delhi High Court today directed budget carrier SpiceJet to deposit Rs 579 crore in connection with a share transfer dispute with its previous owner Kalanithi Maran, but provided it some relief by allowing it to deposit the amount in two parts. A bench of Justices S Ravindra Bhat and\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"SpiceJet to deposit Rs 579 cr in row with Maran: Delhi HC","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2017\/06\/delhi-high-court-300x166.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":52110,"url":"https:\/\/www.legalindia.com\/news\/madras-high-court-quashes-t-order-kalanithi-maran-spicejet","url_meta":{"origin":41995,"position":3},"title":"Madras High Court quashes I-T order against Kalanithi Maran over SpiceJet","author":"Legal India Admin","date":"March 29, 2018","format":false,"excerpt":"The Madras High Court today set aside a 2014 Income Tax department order declaring Kalanithi Maran as the principal officer of the low-cost carrier SpiceJet and making him liable for the alleged tax dues of the company when it was owned by him. Justice M Duraiswamy allowed a petition by\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2018\/03\/SpiceJet.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":39109,"url":"https:\/\/www.legalindia.com\/news\/court-told-about-stay-on-case-against-kalanithi","url_meta":{"origin":41995,"position":4},"title":"Court told about stay on case against Kalanithi","author":"Legal India News","date":"September 21, 2015","format":false,"excerpt":"A city court was today informed that proceedings have been stayed against budget carrier Spicejet Ltd's former Chairman Kalanithi Maran in one of the two tax evasion cases for his alleged failure to deposit over Rs 147 crore TDS with the Income Tax Department. The court was also told that\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2015\/09\/former-Chairman-Kalanithi-Maran.jpg?fit=620%2C366&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2015\/09\/former-Chairman-Kalanithi-Maran.jpg?fit=620%2C366&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2015\/09\/former-Chairman-Kalanithi-Maran.jpg?fit=620%2C366&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":45016,"url":"https:\/\/www.legalindia.com\/news\/aircel-maxis-case-arrest-warrants-2-malaysian-men","url_meta":{"origin":41995,"position":5},"title":"Aircel-Maxis case: Arrest warrants against 2 Malaysian men","author":"Legal India News","date":"September 24, 2016","format":false,"excerpt":"A special 2G court today issued open warrants of arrest against Malaysian nationals T Ananda Krishnan and Augustus Ralph Marshall, who are accused in Aircel-Maxis deal case along with former Telecom Minister Dayanidhi Maran and his brother Kalanithi. Special Judge O P Saini also ordered that the trial against Maran\u2026","rel":"","context":"In &quot;Top Law News&quot;","block_context":{"text":"Top Law News","link":"https:\/\/www.legalindia.com\/news\/category\/top-law-news"},"img":{"alt_text":"Aircel-Maxis case: Arrest warrants against 2 Malaysian men","src":"https:\/\/i0.wp.com\/www.legalindia.com\/news\/wp-content\/uploads\/sites\/2\/2016\/08\/order.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"jetpack_shortlink":"https:\/\/wp.me\/p6H5Bf-aVl","jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts\/41995","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/users\/38299"}],"replies":[{"embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/comments?post=41995"}],"version-history":[{"count":0,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/posts\/41995\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/media\/41996"}],"wp:attachment":[{"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/media?parent=41995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/categories?post=41995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.legalindia.com\/news\/wp-json\/wp\/v2\/tags?post=41995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}