Aircraft lessors failed to get the relief they sought from the National Company Law Appellate Tribunal. This being a case of a high profile voluntary corporate insolvency petition and involving an airline—where crucial assets such as planes are often leased than bought—is important from the industry and investors’ point of view. But it’s not entirely a setback for lessors. While the NCLAT upheld the admission of Go Airline’s insolvency petition, it has asked aircraft lessors to seek relief from the NCLT...
Moneycontrol Pro Panorama | Rural gets a second wind
May 26, 2023 / 03:07 PM IST
In today’s edition of Moneycontrol Pro Panorama: Can PM Modi help clinch deal with Australia, steel output is losing its glint, ...Read Now
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