Protection and Enforcement of Interests in Aircraft Objects Bill 2022
On 13th April, 2022, the Ministry of Civil Aviation issued Protection and Enforcement of Interests in Aircraft Objects Bill, 2022.
Need
- India’s reputation in the aircraft leasing industry has taken a hit in the last decade to the point where the country’s airlines had to face higher lease charges, with many regional carriers even refused airplanes for rent.
- Several Indian laws such as the Companies Act, 2013 and the Insolvency and Bankruptcy Code, 2016 are in conflict with the Cape Town Convention and Protocol.
- Further, International leasing companies also faced challenges in repossessing and exporting aircraft when Jet Airways shut down ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
India Watch
- 1 Impact Assessment Studies on Smart Cities Mission
- 2 Viksit Panchayat Karmayogi Initiative
- 3 Parliamentary Committee Raises Concerns over MGNREGA
- 4 CBIC’s Citizen-centric Initiative for Taxpayers
- 5 Amendment to the Conduct of Election Rules
- 6 SC Directions on Conservation of Scared Groves
- 7 Supreme Court Expands NIA’s Powers
- 8 SC Judgment on Temporary Employment in Government Institutions
- 9 SC on Misuse of Section 498A of IPC
- 10 ‘Anna Chakra’: Optimizing PDS Supply chain
