# In the matter of Go Airlines (India) Limited

> NCLT judgment dated 2023-07-06. Citation: TCN-2023-NCLT-05357. The document pertains to several Interim Applications (IAs) filed in the matter of Go Airlines…

- **Court:** NCLT
- **Order date:** 6 Jul 2023
- **Citation:** TCN-2023-NCLT-05357
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-new-delhi/go-airlines-india-limited-6eda793f

## Summary

### Background

The document pertains to several Interim Applications (IAs) filed in the matter of Go Airlines (India) Limited under Section 10 of the Insolvency and Bankruptcy Code (IBC), 2016. These IAs include New IA/3316/2023, New IA/3472/2023, New IA/3481/2023, IA/3254/2023, IA/3277/2023, IA/3280/2023, IA/2944/2023, IA/3048/2023, and IA/2850/2023.

## Facts

Go Airlines (India) Limited is the Corporate Debtor in the matter.

Several Interim Applications (IAs) have been filed concerning the Corporate Debtor's assets, including aircraft and engines.

Applicants are seeking interim orders to restrain the Corporate Debtor/IRP from using or interfering with their assets.

The Adjudicating Authority is considering the requests for interim orders, taking into account submissions from both sides.

The Hon'ble High Court's interim orders dated 05.07.2023 in related Writ Petitions are also being considered.

The Respondent/Resolution Professional has submitted replies to the applications.

The Adjudicating Authority has reserved its decision on the interim orders.

The matter is adjourned to 04.08.2023 for further consideration.

## Issues and analysis

### Issue 1: Whether interim orders should be granted to restrain the Corporate Debtor/IRP from operating …

**Ratio:** The Adjudicating Authority has the power to grant interim orders to protect the assets of

…

**Reasoning:** The Applicants have argued that the Corporate Debtor/IRP should be restrained from using

…

**Interpretation:** The Adjudicating Authority will consider the balance of convenience and the

…

**Application:** The Adjudicating Authority has reserved its decision on the interim orders and

…

## Parties

- **Judges:** MAHENDRA KHANDELWA…; RAHUL BHA…
- **Appellants:** SMBC Afro Engine…; Bluesky 19…; +4 more
- **Respondents:** Go Airlines…
- **Other parties:** Abhilas…
- **Advocates:** Kevic Set…; Pai A…; +49 more

## Timeline

- **06.07.2023 — Order Del…**: Order delivered on 06.07.2023…
- **05.07.2023 — High Court Interim…**: Interim orders of the Hon'ble High Court dated 05.07.2023 in related Writ Petitions were…

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