Indiabulls had moved the Tribunal under Section 95 of the Insolvency and Bankruptcy Code (IBC) over outstanding loan amounts to be furnished by Chandra.
The National Company Law Tribunal (NCLT) at Delhi on Wednesday refused to restrain the resolution professional of Go First Airlines from using the aircrafts leased to it by six leasing companies.
Ajmera had been approved as the resolution professional by the Committee of Creditors led by Central Bank of India. The CoC approached NCLT Delhi to get the tribunal's approval.