The case involves multiple petitions filed by aircraft lessors against the Directorate General of Civil Aviation (DGCA) and Union of India, seeking deregistration of aircraft leased to Go Air (India) Ltd. The lessors terminated the lease agreements due to defaults in lease rental payments by Go Air. Go Air initiated insolvency proceedings before the National Company Law Tribunal (NCLT), which imposed a moratorium under Section 14 of the Insolvency and Bankruptcy Code (IBC), preventing the deregistration of the aircraft. The lessors contend that the DGCA is obligated to deregister the aircraft under Rule 30(7) of the Aircraft Rules, following the Cape Town Convention and submission of Irrevocable De-Registration and Export Request Authorisation (IDERA).
The Petitioners are lessors and owners of aircraft leased to Go Air (India) Ltd. Go Air defaulted on lease rental payments, leading the Petitioners to terminate the lease agreements. The Petitioners submitted Irrevocable De-Registration and Export Request Authorisations (IDERAs) to the Directorate General of Civil Aviation (DGCA) for deregistration of the aircraft. Go Air initiated insolvency proceedings under Section 10 of the Insolvency and Bankruptcy Code (IBC), and the NCLT imposed a moratorium under Section 14 of the IBC, preventing deregistration. The Petitioners filed writ petitions seeking a mandamus to compel the DGCA to deregister the aircraft under Rule 30(7) of the Aircraft Rules, which mandates deregistration within five working days of receiving an IDERA.
…Sign in to view the parties.
India became a…
Separate Lease Agreement(s) were entered…
The case involves multiple petitions filed by aircraft lessors against the Directorate General of Civil Aviation (DGCA) and Union of India, seeking deregistration of aircraft leased to Go Air (India) Ltd. The lessors terminated the lease agreements due to defaults in lease rental payments by Go Air. Go Air initiated insolvency proceedings before the National Company Law Tribunal (NCLT), which imposed a moratorium under Section 14 of the Insolvency and Bankruptcy Code (IBC), preventing the deregistration of the aircraft. The lessors contend that the DGCA is obligated to deregister the aircraft under Rule 30(7) of the Aircraft Rules, following the Cape Town Convention and submission of Irrevocable De-Registration and Export Request Authorisation (IDERA).
The Petitioners are lessors and owners of aircraft leased to Go Air (India) Ltd. Go Air defaulted on lease rental payments, leading the Petitioners to terminate the lease agreements. The Petitioners submitted Irrevocable De-Registration and Export Request Authorisations (IDERAs) to the Directorate General of Civil Aviation (DGCA) for deregistration of the aircraft. Go Air initiated insolvency proceedings under Section 10 of the Insolvency and Bankruptcy Code (IBC), and the NCLT imposed a moratorium under Section 14 of the IBC, preventing deregistration. The Petitioners filed writ petitions seeking a mandamus to compel the DGCA to deregister the aircraft under Rule 30(7) of the Aircraft Rules, which mandates deregistration within five working days of receiving an IDERA.
…India became a…
Separate Lease Agreement(s) were entered…