Is govt notification exempting aviation leases from moratorium applicable for Go First, Delhi HC asks DGCA ...Middle East

New Delhi: The Delhi High Court on Thursday directed aviation watchdog, Directorate General of Civil Aviation (DGCA), to file a response to the question whether the Ministry of Corporate Affairs’ notification exempting aviation leases from moratorium under the Insolvency and Bankruptcy Code, 2016, is applicable to cash-strapped Go First airline. The court’s directions came during the hearing of a case involving aircraft and engine lessors of the grounded airline Go First, who were contesting against the DGCA not de-registering their aircraft. During the hearing, Additional Solicitor General Chetan Sharma requested an extension to seek clarity from the government regarding the applicability

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