An article titled, โ๐ฎ๐ ๐จ๐๐ ๐ป๐ ๐ฑ๐๐ ๐จ๐๐๐๐๐๐: ๐ณ๐๐๐๐๐๐ ๐ต๐๐ ๐ณ๐๐๐๐๐๐ โ co-authored by our Partner, Sudeshna Guha Roy and Associates, Treenok Guha and Aditi Mishra, has been published by BW Legal World.
The article explores the challenges faced by the Indian aviation sector, particularly focusing on the limitations of the Insolvency and Bankruptcy Code (IBC) in addressing the unique needs of the industry. It highlights the recent liquidations of Jet Airways and Go Air, emphasizing the inadequacies of the IBC framework in reviving stressed airlines due to their capital-intensive nature and reliance on leasing.
Additionally, the article also discusses the impact of the Cape Town Convention and the recent MCA notification on the aviation sector.
Read the full article on: https://www.bwlegalworld.com/article/go-air-to-jet-airways-lessons-not-learned-548671