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Июль
2023

Go First: NCLT rejects lessors' petitions to take possession of planes

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India's Insolvency tribunal NCLT has rejected aircraft lessors' petitions to seize back the planes leased to Go First. The firm has been grounded for almost three months. The NCLT held that physical possession of the aircraft "would be indisputably with Go First and lessors cannot claim possession during the Corporate Insolvency Resolution Process".














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