India amends insolvency rules in wake of jet leasing dispute | Business Information & News | Westlaw

India amends insolvency rules in wake of jet leasing dispute | Business Information & News | Westlaw

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10/4/23 REUTERS 14:25:16
REUTERS
Copyright (c) 2023 Thomson Reuters
October 4, 2023
India amends insolvency rules in wake of jet leasing dispute
Indranil Sarkar
Shilpa Jamkhandikar
Tom Hogue
Jayshree Pyasi
Elaine Hardcastle
Tim Hepher
Jayshree Pyasi; Mumbai
Arpan Chaturvedi
Bernadette Baum
Indranil Sarkar; Bengaluru
Arpan Chaturvedi; New Delhi
BENGALURU (Reuters) -India has amended its insolvency law to exclude leased aircraft from assets that can be frozen, a long-awaited move expected to shore up the financing of its fast-growing airline industry by addressing discrepancies between...
---- Index References ----
Company: SMBC Aviation Capital Limited; REUTERS INDIA LIMITED
News Subject: (Bankruptcies (1BA08); Business Management (1BU42); Corporate Events (1CR05); Emerging Market Countries (1EM65); Major Corporations (1MA93))
Industry: (Aerospace (1AE56); Aerospace & Defense (1AE96); Air Transportation (1AI53); Airlines (1AI34); Commercial Aircraft (1CO01); Fixed-Wing & Helicopters (1FI11); Passenger Transportation (1PA35); Transportation (1TR48))
Region: (Asia (1AS61); India (1IN24); Indian Subcontinent (1IN32); Southern Asia (1SO52))
Language: EN
Other Indexing: (BTG Advaya; Spaviatech Law; SMBC Aviation Capital; Reuters India)
Keywords: bankruptcy
Word Count: 390
End of Document© 2024 Thomson Reuters. No claim to original U.S. Government Works.