Author: architfly

Go First Takes Legal Action Against High Court Ruling on Aircraft Inspection by Lessors

According to the resolution professional of the grounded airline, Go First, it plans to challenge the Delhi High Court’s ruling that allows its lessors to inspect the aircraft. The resolution professional points out inconsistencies between this order and the one issued by the National Company Law Tribunal (NCLT) in the case. Go First, a cash-strapped

Noida Airport Expansion Enters Phase 3: Impact Assessment Targeted for Completion by August 30

Officials have announced that the Uttar Pradesh government has released a notification stating their intention to conduct a ‘social impact assessment’ (SIA) for the acquisition of an additional 2,053 hectares of land for the upcoming Noida International Airport (NIA) in Jewar. The SIA will be carried out by Gautam Buddh University and is expected to

Delhi HC Rejects Plea Challenging Reduction in Air India Pilots’ Allowances Amidst COVID-19

The Delhi HC has upheld the Centre’s decision to reduce allowances for Air India pilots during the COVID-19 pandemic in 2020, stating that the pilots, who were still earning significant amounts despite the cuts, cannot claim to be victims when many others in the country had lost their livelihoods. Chief Justice Satish Chandra Sharma and

Go First Lessors Granted Aircraft Inspection and Maintenance Access by Delhi HC

According to news agencies, the Delhi High Court granted permission to leasing companies to conduct inspections and maintenance on aircraft leased to Go First. However, the court ruled that the leasing companies are still unable to repossess the aircraft as the airline’s operations remain halted. Go First’s lessors have been actively seeking to recover the

Postponement of Lessor Willis’ Insolvency Petition Against SpiceJet until July 21st

In a recent development, the National Company Law Tribunal (NCLT) has postponed the insolvency plea filed by aircraft engine lessor, Willis Lease Finance Corporation, against SpiceJet. The NCLT has rescheduled the hearing for July 21, thereby granting both parties additional time to present their arguments and evidence. Willis Lease initiated the insolvency petition under Section
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