After three aircraft lessors, Engine Leasing Finance BV has moved the National Company Law Appellate Tribunal (NCLAT), opposing the insolvency resolution proceedings initiated against Go First.
Ireland-based Engine Leasing Finance is a leading engine financing and leasing company. It is a group entity of Japan-based Mitsubishi HC Capital Inc.
A two-member NCLAT bench on Tuesday heard the plea of Engine Leasing Finance and reserved its order.
The appellate tribunal said it will pass the order on May 22 along with the other three petitions.
“Orders on 22.05.2023. Short written notes may be filed within two days by both the parties,” it said.
