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“DGCA shall forthwith and not later than five working days process the deregistration applications filed by the 54 aircrafts,” the court said.
The Delhi High Court passed an interim order on multiple applications by several lessors seeking maintenance of their aircraft in crisis-hit Go Firsts possession.
Foreign lessors have been engaged in a legal tussle to repossess their aircraft after the Indian airline was granted bankruptcy protection in May, imposing an asset freeze that blocked the recovery of 50 plus grounded Airbus planes.
Disagreeing with a portion of the NCLTs ruling that restricted the lessor from inspecting the engines, the NCLAT had issued its own directive to schedule an inspection within 10 days.
The update comes when Go First and many foreign lessors are locked in a legal battle; so far the lessors have been unsuccessful in trying to recover their aircraft.