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Govt directive on aviation leasing likely
Mint Mumbai
|October 20, 2023
The government may issue a follow-up directive clarifying whether Go First lessors can reclaim their planes and engines following the recent changes in the Insolvency and Bankruptcy Code (IBC) by the ministry of corporate affairs, the government’s counsel told the Delhi High Court on Thursday.
During court proceedings, additional solicitor general Chetan Sharma said they have asked the government to pass an executive direction as the legal opinions received on the issue are being accompanied by various disclaimers and do not provide a clear resolution.
Dit verhaal komt uit de October 20, 2023-editie van Mint Mumbai.
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