NCLAT allows Go First’s airplane lessor Jackson Square to inspect planes
The National Company Law Appellate Tribunal (NCLAT) has permitted Jackson Square Aviation Ireland Ltd to inspect aircraft that it has leased to crisis-hit airline Go First.
A two-member NCLAT bench on Thursday disposed of the plea filed by the aircraft lessor for inspection.
Jackson Square Aviation Ireland is the second lessor that has been allowed by the NCLAT to inspect its assets leased to now grounded Go First. Earlier, on August 18, 2023, the NCLAT allowed the Engine Lease Finance BV, the company that had leased the engine to Go First, to inspect its assets.
