DBEA55AED16C0C92252A6554BC1553B2 DBEA55AED16C0C92252A6554BC1553B2 Clicky
December 6, 2023
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The Indian government on Thursday got out an official Gazette, which allows leasing companies to take back aircraft, airframes, helicopters, and engines that belong to an Indian airline that is undergoing insolvency proceedings.

The Gazette strikes down the National Company Law Tribunal (NCLT) ruling placing a moratorium on lessors reposing planes of bankrupt airline GoFirst.


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