{"id":614342,"date":"2023-11-02T12:16:34","date_gmt":"2023-11-02T06:46:34","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=614342"},"modified":"2023-11-02T12:16:34","modified_gmt":"2023-11-02T06:46:34","slug":"india-insolvency-law-change-on-leased-aircraft-would-have-to-apply-retrospectively-dgca","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/india-insolvency-law-change-on-leased-aircraft-would-have-to-apply-retrospectively-dgca\/","title":{"rendered":"India insolvency law change on leased aircraft would have to apply retrospectively: DGCA"},"content":{"rendered":"<p>Changes to Indian laws to exclude leased aircraft from assets that can be frozen during bankruptcy proceedings of an airline &#8220;would have to be considered&#8221; retrospectively, the country&#8217;s aviation regulator said in a court filing on Wednesday.<\/p>\n<p>The clarification of India&#8217;s recent amendment to its insolvency law potentially paves the way for lessors of bankrupt budget carrier Go First to take back their planes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Changes to Indian laws to exclude leased aircraft from assets that can be frozen during bankruptcy proceedings of an airline &#8220;would have to be considered&#8221; retrospectively, the country&#8217;s aviation regulator said in a court filing on Wednesday. The clarification of India&#8217;s recent amendment to its insolvency law potentially paves the way for lessors of bankrupt budget carrier Go First to take back their planes.<\/p>\n","protected":false},"author":39,"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-614342","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\/614342","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=614342"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/614342\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=614342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=614342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=614342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}