NCLAT grants Go First Lessor Bluesky 19 Plane inspection

The National Company Law Appellate Tribunal granted permission to Bluesky 19 Leasing Company, an aircraft lessor, to inspect the planes it had leased to Go First, a company currently undergoing insolvency proceedings. This marked the third instance where a lessor of Go First received such relief from the appellate tribunal. Engine Lease Finance BV, an engine lessor, and Jackson Square Aviation Ireland, an aircraft lessor, had previously been granted similar rights. The counsel representing Bluesky 19 Leasing had appealed to the NCLAT, seeking clarification on the rights of lessors to contest issues other than inspection. However, the bench dismissed the appeal, stating that its previous decision in the ELFBV case had already provided clear guidance on the matter.