A bench of judicial member Mahendra Khandelwal and technical member Rahul Bhatnagar was approached by the aircraft leasing companies seeking an order to restrain Go First from commercially operating or flying the aircrafts owned by the lessors.
“It is pertinent to mention that the Directorate General of Civil Aviation (DGCA) has not deregistered the aircraft, which means that they are available to the Corporate Debtor for use to resume operations. As long as the aircraft/engines are registered, they can be used for operating or flying to keep the Corporate Debtor as a going concern within the safety norms prescribed by the regulator,” the order said.
NCLT refuses to restrain Go First Airlines from using aircrafts leased to it - Bar & Bench - Indian Legal News
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