India, July 14 -- SpiceJet and its promoter Ajay Singh on Monday assured the Delhi High Court that they will deposit Rs 50 crore in 45 days with the court registry in connection with a legal dispute with media baron Kalanithi Maran and Kal Airways.

Justice Subramonium Prasad - who has earlier directed SpiceJet and Singh to deposit around Rs 144 crore in the case arising from an arbitral award against them in their dispute with Maran - was told that the remaining Rs 94.50 crore would also be deposited in the next ninety days.

On May 4, the bench dismissed pleas by SpiceJet and Ajay Singh seeking a review of a January 19 order to deposit over Rs 144 crore in the case. The Supreme Court, on May 19, however, asked the airline to approach th...