NCLAT grants Go First Lessor Bluesky 19 Plane inspection
AVIATION & AIRPORTS

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.

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.

Related Stories

Gold Stories

Next Story
Equipment

BEML Wins GeM Award for Highest MSE Order Value

BEML Limited has received the “Maximum Order Value to MSEs” award at the 10th Foundation Day celebrations of the Government e-Marketplace (GeM) held at Bharat Mandapam, New Delhi.Union Minister of Commerce and Industry Piyush Goyal presented the award, which was received on behalf of BEML by Anil Jerath, Director (Finance).The recognition acknowledges BEML's efforts to strengthen procurement from Micro and Small Enterprises (MSEs) through the GeM platform.BEML said its procurement initiatives are aimed at encouraging greater participation of MSEs in public procurement and supporting the gr..

Next Story
Equipment

BKT to Showcase Advanced Off-Highway Tyres at Bauma ConExpo

Balkrishna Industries Ltd (BKT) will showcase its latest off-highway tyre solutions at Bauma ConExpo India 2026, scheduled from September 15-18 at the India Expo Centre, Greater Noida.The company will display a range of application-specific tyres for construction, mining and industrial operations at Hall 12, Booth No. 1. Key products will include the EARTHMAX SR 30 for loaders and articulated dump trucks and the AIROMAX AM 27 for mobile cranes.BKT will also showcase MINE FORCE, EARTHMAX EXPERTO GD1, XL GRIP NEO, DYNA HAUL, CONSTEER and EARTHMAX SR423. The tyres are designed to operate under he..

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement