The order was passed in an application filed by SMBC alleging that Go First violated the previous order of Delhi High Court as it had handled the aircraft against explicit directions of the court.
Big relief for Go First! Airline wins battle against lessors; NCLT says can use planes to start operations financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
The tribunal allowed an application filed by IndusInd Bank which claimed the company had an outstanding debt of ₹67.3 crores and appointed Shailendra Ajmera as IRP.
The NCLT also dismissed the plea by lessors to inspect their aircraft and engine and held that they have in their previous order from June 15 already directed the Resolution Professional to maintain the same.
The aviation watchdog has raised 13 observations in its audit report, highlighting that the airline is facing issues such as lack of trained pilots and cases related to funding, refunds and spare parts.