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Reputation: 642,681  •  Jul 25, 2023 5:51 AM
Go First lessors oppose lenders being made a party in HC case
Go First lessors oppose lenders being made a party in HC case
Aircraft leasing companies have opposed including the lenders of Go Airlines as a party to their plea for deregistration of leased planes to the carrier, claiming that the lenders are not necessary parties in the case and could put their interests ahead of lessors. Eight leasing firms are seeking deregistration of their aircraft, while the airline's committee of creditors have sought to be made a party to the case filed by lessors, claiming it is the ultimate decision-making authority.
The Economic Times

https://economictimes.indiatimes.com/industry/transportat...
#IDBI #BANKBARODA

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