Warning: Undefined array key "HTTP_ACCEPT_LANGUAGE" in /home/u596154002/domains/usbusinessreviews.com/public_html/wp-includes/load.php on line 2057

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the rank-math domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/u596154002/domains/usbusinessreviews.com/public_html/wp-includes/functions.php on line 6114
SC rejects Go First plea against Delhi HC nod to lessors to access planes - Best Business Review Site 2024

SC rejects Go First plea against Delhi HC nod to lessors to access planes

[ad_1]


The Supreme Court on Monday dismissed the appeal filed by Go First against the Delhi High Court order allowing aircraft lessors to access the aircraft they had leased to the airline, as reported by Bar and Bench.


A bench comprising Chief Justice of India DY Chandrachud and Justices JB Pardiwala and Manoj Mishra said that the ailing airline was already presented before the HC, thus, there was no valid reason to restrain the ongoing proceedings.


On August 3, the airline moved the Supreme Court against the Delhi HC’s order to allow lessors to inspect the aircraft. They were also allowed to carry out the maintenance work of the aircraft.


Earlier, the lessors had filed applications for the de-registration of planes, but it was rejected by the Directorate General of Civil Aviation (DGCA).


The lessors had then informed HC that future aircraft leasing would be jeopardised if the (DGCA) failed to de-register aircraft whose leases had been terminated. Senior Advocate Mukul Rohatgi, representing one of the lessors, said the involuntary retention of their aircraft reflects negatively on the Indian aviation sector.


He had also noted that while the civil aviation regulator has not out rightly rejected their request for de-registration, it has been placed in abeyance due to the ongoing moratorium.


A moratorium is a period during which most or certain legal actions against a debtor are suspended. It commences once a company enters insolvency or bankruptcy proceedings.


The lessors argued that, under the Irrevocable De-registration and Export Request Authorisations (IDERA), the DGCA is obligated to de-register the aircraft upon their request.


They previously told the court that, according to Rule 30(7) of the Aircraft Rules, 1937, the Central government could cancel the registration of an aircraft in India, to which the Cape Town Convention applied, without needing the aircraft holder’s permission, if an IDERA holder (lessors) applied for lease cancellation.

[ad_2]

Source link

slot gacor slot gacor togel macau slot hoki bandar togel slot dana slot mahjong link slot link slot777 slot gampang maxwin slot hoki slot mahjong slot maxwin slot mpo slot777 slot toto slot toto situs toto toto slot situs toto situs toto situs toto situs toto slot88 toto slot slot gacor thailand slot bet receh situs toto situs toto slot toto slot situs toto situs toto situs toto situs togel macau toto slot slot demo slot pulsa slot pragmatic situs toto deposit dana 10k surga slot toto slot link situs toto situs toto slot situs toto situs toto slot777 slot gacor situs toto slot slot pulsa 10k toto togel situs toto slot situs toto slot gacor terpercaya slot dana slot gacor pay4d agen sbobet kedai168 kedai168 deposit pulsa situs toto slot pulsa situs toto slot pulsa situs toto situs toto situs toto slot dana toto slot situs toto slot pulsa toto slot situs toto slot pulsa situs toto situs toto situs toto toto slot toto slot slot toto akun pro maxwin situs toto slot gacor maxwin slot gacor maxwin situs toto slot slot depo 10k toto slot toto slot situs toto situs toto toto slot toto slot toto slot toto togel slot toto togel situs toto situs toto toto slot slot gacor slot gacor slot gacor situs toto situs toto cytotec toto slot situs toto situs toto toto slot situs toto situs toto slot gacor maxwin slot gacor maxwin link slot 10k slot gacor maxwin slot gacor slot pulsa situs slot 10k slot 10k toto slot toto slot situs toto situs toto situs toto bandar togel 4d toto slot toto slot situs toto