On May 4, 2023, the Delhi High Court dismissed SpiceJet's plea to review an order mandating the airline to deposit ₹144 crore (approximately $17.3 million USD) in favor of Kalanithi Maran, a prominent media tycoon, and Kal Airways. Justice Subramonium Prasad imposed a cost of ₹50,000 on SpiceJet and its promoter, Ajay Singh, while directing them to deposit the amount immediately. The court noted that SpiceJet's financial distress, exacerbated by the conflict in West Asia, could not be used as a justification for non-compliance with the arbitration award issued by the Supreme Court in July 2023. The court criticized SpiceJet for attempting to exploit the situation and reiterated that the financial health of the airline had not improved since the award was made executable. The ongoing dispute traces back to February 2015 when Singh regained control of SpiceJet amid a financial crisis, during which Maran and Kal Airways transferred their significant stake in the airline for a nominal amount. This latest ruling underscores the court's commitment to uphold the enforcement of arbitration awards, regardless of the financial challenges faced by the airline.