The lessors of Go First informed the Delhi High Court on Tuesday that they have not received any records related to aircraft maintenance from the Go First RP (Resolution Professional) since May, and were not even allowed to physically inspect the assets. The lessors claim that the RP is in contempt of court for not complying with the Delhi High Court's order issued on 12 October. The court had directed the RP to provide all maintenance and technical records within a specified time frame.
The lessors said this at a hearing before a single bench of the high court as part of a newly-filed contempt petition by the Go First lessor DAE (SY22) 13 Ireland Designated Activity. The lessor alleges that the RP wilfully failed to comply with the court's order by not providing the necessary maintenance and technical records for the aircraft.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
MHI holds talks on subsidy for e-trucks
The ministry of heavy industries (MHI) convened an industry consultation in the national capital on Thursday to determine the optimal allocation of its ₹500 crore subsidy outlay for e-trucks under the PM E-drive scheme.
'FSSAI plans real-time surveillance, tracking, sampling of food items'
A dashboard is being prepared to see live tracking sampling and analysis done across the country. - G. Kamala Vardhana Rao CEO, FSSAI.
Wholesale inflation at four-month high
A Reuters poll of economists expected wholesale inflation to be around 2.2% in October
Trade deficit widens to $27 bn in Oct
The total value of merchandise and services exports touched $73.21 bn in October, up from $65.19 bn in September
India ranks 3rd in improving its business environment
The country, as per EIU, is among places where it expects the most key policy improvements
Fashion begins to go green, but the transition is slow
Customers shopping for upcycled bags to eco-friendly tees are spoilt for choice, as upstart fashion brands chase them with a clutch of options.
Lawyers guide firms with US operations as Trump 2.0 looms
Law firms are advising Indian companies operating in the US or engaging in deals with American firms to expect closer scrutiny under the Trump administration, suggesting additional clauses in legal contracts to protect their interests.
Highway building, environment go hand in hand, says Gadkari
Union road transport and highways minister Nitin Gadkari has said that highways and infrastructure projects, especially in the Himalayan states, were being built in an environment-friendly way and that the allegations of environmental damage were \"completely wrong\".
After a slow start, auto PLI claims may zoom in future
The first wave of claims for India's automobile production incentives scheme barely touched ₹500 crore, an amount that may grow exponentially in the years ahead as the electric revolution unfolds and more products secure certification.
Musk-a-Lago: Inside Musk's role on Trump's transition team
In the lounge outside Donald Trump's Mar-a-Lago office, cabinet hopefuls mingle with advisers and friends of the future president.
