{"id":576328,"date":"2023-05-12T10:46:01","date_gmt":"2023-05-12T05:16:01","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=576328"},"modified":"2023-05-12T12:04:35","modified_gmt":"2023-05-12T06:34:35","slug":"plane-lessor-smbc-challenges-nclt-move-to-admit-go-first-for-insolvency","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/plane-lessor-smbc-challenges-nclt-move-to-admit-go-first-for-insolvency\/","title":{"rendered":"Plane lessor SMBC challenges NCLT move to admit Go First for insolvency"},"content":{"rendered":"<p>Aircraft lessor SMBC Aviation Capital has gone to the National Company Law Appellate Tribunal (NCLAT) challenging the decision by India\u2019s bankruptcy court to admit Go Airlines\u2019 insolvency plea.<\/p>\n<p>The National Company Law Tribunal (NCLT) admitted Go First\u2019s voluntary plea on Wednesday.<\/p>\n<p>Meanwhile, the court-appointed insolvency resolution professional (IRP) Abhilash Lal told the airline\u2019s employees that all efforts will be made to revive it in six months. <\/p>\n<p>SMBC, one of the world\u2019s largest plane lessors, is owned by a consortium of Japanese financial institutions including Sumitomo Mitsui Banking Corp.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Aircraft lessor SMBC Aviation Capital has gone to the National Company Law Appellate Tribunal (NCLAT) challenging the decision by India\u2019s bankruptcy court to admit Go Airlines\u2019 insolvency plea. The National Company Law Tribunal (NCLT) admitted Go First\u2019s voluntary plea on Wednesday. Meanwhile, the court-appointed insolvency resolution professional (IRP) Abhilash Lal told the airline\u2019s employees that all efforts will be made to revive it in six months. SMBC, one of the world\u2019s largest plane lessors, is owned by a consortium of Japanese financial institutions including Sumitomo Mitsui Banking Corp.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-576328","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/576328","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=576328"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/576328\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=576328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=576328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=576328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}