Go First lessors have approached the Delhi High Court, requesting theDGCA to revise its regulations regarding aircraft deregistration.- The high court also asked the parties to file written submissions a day before the next hearing.
- The lawyers for the lessors said they had approached the civil aviation regulator for deregistration of their aircraft but it rejected their pleas.
Justice
The high court also asked the parties to file written submissions a day before the next hearing.
The lessors who have approached the high court are Accipiter Investments Aircraft 2 Limited, EOS Aviation 12 (Ireland) Limited, Pembroke Aircraft Leasing 11 Limited and SMBC Aviation Capital Limited.
With a moratorium in force on financial obligations and transfer of assets of Go First in the wake of the insolvency resolution proceedings, the lessors are unable to deregister and take back the aircraft leased to the carrier.
The lawyers for the lessors said they had approached the civil aviation regulator for deregistration of their aircraft but it rejected their pleas.
They said they have not received any communication from the DGCA, but having checked the status of their applications on the regulator's website, they found their requests have been rejected.
Senior advocate
Senior advocate
Another lawyer contended that under Irrevocable De-registration and Export Request Authorisations (IDERA), it was mandatory for the DGCA to deregister the aircraft at their request.
The National Company Law Tribunal (NCLT) had on May 10 allowed the voluntary insolvency resolution plea by Go First.
On May 22, the NCLAT upheld the order of the Delhi-based principal bench of NCLT, which had earlier this month admitted the plea of Go First to initiate voluntary insolvency resolution proceedings, and appointed an interim resolution professional (IRP) to suspend the company's board.
Several lessors have approached aviation regulator for deregistration and repossession of Go First's 45 planes.
Go First stopped flying from May 3.
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