The National Company Law Appellate Tribunal (NCLAT) will today hear the plea filed by aircraft lessor SMBC Aviation Capital Ltd challenging the National Company Law Tribunal’s (NCLT) order allowing the insolvency of Go First.
SMBC Aviation Capital, formerly RBS Aviation Capital, is one of the world’s largest aircraft leasing companies.
Soon after the NCLT allowed Go First’s plea, SMBC Aviation Capital’s counsel moved the NCLAT and mentioned the plea before a bench headed by chairman justice Ashok Bhushan. After hearing the aircraft lessor, Bhushan directed the tribunal to list the matter for hearing on Thursday.
