09-May-2024
Corporate News
 
Delhi HC directs DGCA to forthwith process applications of Go First’s lessors’ to deregister aircraft
27-Apr-2024

The Delhi High Court on Friday directed the Directorate General of Civil Aviation (DGCA) to forthwith process the applications filed by several lessors for deregistration of their 54 planes so that they could take them back from the crisis-hit Go First airline. The high court said the process shall be done in not later than five working days. Justice Tara Vitasta Ganju also restrained the resolution professional (RP) appointed under the insolvency law to manage the airline, and its directors from moving or taking away the planes or spare parts, documents, records and any other material.

News Source:- https://indianexpress.com/article/business/aviation/delhi-high-court-hc-dgca-go-first-lessor-9292378/