India placed on watchlist with negative outlook amid Go First insolvency row; NCLT hearing to resume on Monday1 min read 12 May 2023, 06:46 PM IST
An UK-based aviation leasing watchdog has issued a warning to India over plane repossessions
As the Go First-led aviation crisis continues, a global aviation leasing watchdog has placed India on a watchlist with a negative outlook. The development came even as the National Company Law Tribunal began hearing a plea by lessors against the moratorium on Go First's assets and liabilities. No interim orders have been passed so far and the NCLT will resume its hearing on Monday.
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