Tribunals and CommissionsDivision Bench(2023) 07 NCLT CK 3402

Go Airlines (India) Limited

National Company Law Tribunal · Decided on 6 July 2023

HON’BLE JUDGES
Mahendra Khandelwal, Member (Judicial) · Rahul Bhatnagar, Member (Technical)
CASE NUMBER
(IB)-264(PB)/2023

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Judgment

54 paragraphs · 2,293 words

ORDER

New IA/3316/2023, New IA/3472/2023 & New IA/3481/2023:-

In all these applications, issue notice to the Respondent to file their reply and appearance and thereafter one week for rejoinder, if any. List all these applications on 04.08.2023.

IA/3254/2023:-

Ld. Counsel for the Applicant in this IA/3254/2023 SMBC Afro Engine Lease B.V. V/s. Mr. Abhilash Lal urgently sought interim orders with respect to prayers (c) and (d) and sought one week time to file rejoinder to the reply of the Respondent. He has also, however, submitted that with respect to prayers (c) and (d) it may not be necessary for this Adjudicating Authority to consider his rejoinder and this Adjudicating Authority may pass orders on the basis of arguments put forth today. The interim order of the Hon’ble High Court dated 05.07.2023 in Writ Petitions W.P.(C) 6569/2023 and CM Nos. 25806-25807/2023, W.P.(C) 6626/2023 and CM Nos. 26011-26012/2023, W.P.(C) 7214/2023 and CM Nos. 28114-28115/2023 & 30784/2023, W.P.(C) 7369/2023 and CM Nos. 28705-28706/2023, W.P.(C) 7663/2023 & CM APPL. 29679-29680/2023, W.P.(C) 7773/2023 & CM APPL. 29997-29998/2023, W.P.(C) 7774/2023 & CM APPL. 30005-30006/2023, 32445/2023 and W.P.(C) 8088/2023 & CM APPL. 31155-31156/2023 was submitted by the Applicant and the same is taken on record. Ld. Counsel prayed for interim order in prayers (c) and (d) which are as below:-

c. Pending the hearing of the captioned Application, allow the Applicant's representatives to retain possession of the Engines and that the Respondent be directed to comply with its continuing obligations under the Lease Agreements (including, without limitation, to insure and to maintain the Engines as per the mandatory insurance and maintenance requirements under the Lease Agreements and applicable law);

d. Pending the hearing of the captioned Application to restrain the Respondent/IRP from interfering with the Applicant's possession including attempting to remove the Engines bearing ESNs P771264 P772865, P772867 and P772868 from the SrvIBC owned aircraft to another aircraft and/or remove the Engine bearing ESN P771194 from the workshop elsewhere;

Ld. Counsel for the Respondent/Resolution Professional has submitted that reply has been filed.

We have heard Ld. Counsels for the Applicant and the Respondent. The interim orders of the Hon’ble High Court dated 05.07.2023 have also been brought to our attention. It is noted that the Applicant was not one of the Petitioners, in the Writ Petitions filed before Hon’ble High Court in which order dated 05.07.2023 was passed.

The interim orders on the above prayers (c) and (d) are accordingly reserved.

Ld. Counsel for the Respondent has also submitted that he will file additional affidavit with a copy to the Applicant, to place on record subsequent developments since the last order of this Adjudicating Authority dated 15.06.2023. Ld. Counsel for the Applicant is at liberty to file a response to the additional affidavit.

List the matter on 04.08.2023.

IA/3277/2023:-

Ld. Counsel for the Applicant in this IA/3277/2023 Bluesky 19 leasing Co. Ltd. V/s. IRP of Go Airlines (India) Pvt. Ltd. urgently sought interim orders with respect to prayers (1) and (6) and sought one week time to file rejoinder to the reply of the Respondent. He has also, however, submitted that with respect to prayers (1) and (6) it may not be necessary for this Adjudicating Authority to consider his rejoinder and this Adjudicating Authority may pass orders on the basis of arguments put forth today. The interim order of the Hon’ble High Court dated 05.07.2023 in Writ Petitions W.P.(C) 6569/2023 and CM Nos. 25806-25807/2023, W.P.(C) 6626/2023 and CM Nos. 26011-26012/2023, W.P.(C) 7214/2023 and CM Nos. 28114-28115/2023 & 30784/2023, W.P.(C) 7369/2023 and CM Nos. 28705-28706/2023, W.P.(C) 7663/2023 & CM APPL. 29679-29680/2023, W.P.(C) 7773/2023 & CM APPL. 29997-29998/2023, W.P.(C) 7774/2023 & CM APPL. 30005-30006/2023, 32445/2023 and W.P.(C) 8088/2023 & CM APPL. 31155-31156/2023 was submitted by the Applicant and the same is taken on record. Ld. Counsel prayed for interim order in prayers (1) and (6) which are as below:-

1.

To direct the Corporate Debtor/ Respondent to refrain from operating or flying the Subject Aircraft (detailed in paragraph 3 above) owned by the Applicant for commercial use;

6.

Pending the hearing and final disposal of the present Application, to direct the Respondent to protect and maintain the Subject Aircraft (detailed in paragraph 3 above); and ensure that the Subject Aircraft and their engines and other parts are duly protected from any unauthorized access / removal / replacement / operation / use by the personnel of the Corporate Debtor and/or any other person.

Ld. Counsel for the Respondent/Resolution Professional has submitted that reply has been filed.

We have heard Ld. Counsels for the Applicant and the Respondent. The interim orders of the Hon’ble High Court dated 05.07.2023 have also been brought to our attention. It is noted that the Applicant was not one of the Petitioners, in the Writ Petitions filed before Hon’ble High Court in which order dated 05.07.2023 was passed.

The interim orders on the above prayers (1) and (6) are accordingly reserved.

Ld. Counsel for the Respondent has also submitted that he will file additional affidavit with a copy to the Applicant, to place on record subsequent developments since the last order of this Adjudicating Authority dated 15.06.2023. Ld. Counsel for the Applicant is at liberty to file a response to the additional affidavit.

List the matter on 04.08.2023.

IA/3280/2023:-

Ld. Counsel for the Applicant in this IA/3280/2023 Bluesky 31 leasing Co. Ltd. V/s. IRP of Go Airlines (India) Pvt. Ltd. urgently sought interim orders with respect to prayers (1) and (6) and sought one week time to file rejoinder to the reply of the Respondent. He has also, however, submitted that with respect to prayers (1) and (6) it may not be necessary for this Adjudicating Authority to consider his rejoinder and this Adjudicating Authority may pass orders on the basis of arguments put forth today. The interim order of the Hon’ble High Court dated 05.07.2023 in Writ Petitions W.P.(C) 6569/2023 and CM Nos. 25806-25807/2023, W.P.(C) 6626/2023 and CM Nos. 26011-26012/2023, W.P.(C) 7214/2023 and CM Nos. 28114-28115/2023 & 30784/2023, W.P.(C) 7369/2023 and CM Nos. 28705-28706/2023, W.P.(C) 7663/2023 & CM APPL. 29679-29680/2023, W.P.(C) 7773/2023 & CM APPL. 29997-29998/2023, W.P.(C) 7774/2023 & CM APPL. 30005-30006/2023, 32445/2023 and W.P.(C) 8088/2023 & CM APPL. 31155-31156/2023 was submitted by the Applicant and the same is taken on record. Ld. Counsel prayed for interim order in prayers (1) and (6) which are as below:-

1.

To direct the Corporate Debtor/ Respondent to refrain from operating or flying the Subject Aircraft (detailed in paragraph 3 above) owned by the Applicant for commercial use;

6.

Pending the hearing and final disposal of the present Application, to direct the Respondent to protect and maintain the Subject Aircraft (detailed in paragraph 3 above); and ensure that the Subject Aircraft and ~heir engines and other parts are duly protvcted from any unauthorized access I removal / replacement / operation / use by the personnel of the Corporate Debtor and/or any other person.

Ld. Counsel for the Respondent/Resolution Professional has submitted that reply has been filed.

We have heard Ld. Counsels for the Applicant and the Respondent. The interim orders of the Hon’ble High Court dated 05.07.2023 have also been brought to our attention. It is noted that the Applicant was not one of the Petitioners, in the Writ Petitions filed before Hon’ble High Court in which order dated 05.07.2023 was passed.

The interim orders on the above prayers (1) and (6) are accordingly reserved.

Ld. Counsel for the Respondent has also submitted that he will file additional affidavit with a copy to the Applicant, to place on record subsequent developments since the last order of this Adjudicating Authority dated 15.06.2023. Ld. Counsel for the Applicant is at liberty to file a response to the additional affidavit.

List the matter on 04.08.2023.

IA/2944/2023:-

Ld. Counsel for the Applicant in this IA/2944/2023 Jackson Square Aviation Ireland Limited V/s. Mr. Abhilash Lal IRP of Go Airlines (India) Limited urgently sought interim orders with respect to prayer (1) and sought one week time to file rejoinder to the reply of the Respondent. He has also, however, submitted that with respect to prayer (1) it may not be necessary for this Adjudicating Authority to consider his rejoinder and this Adjudicating Authority may pass orders on the basis of arguments put forth today. The interim order of the Hon’ble High Court dated 05.07.2023 in Writ Petitions W.P.(C) 6569/2023 and CM Nos. 25806-25807/2023, W.P.(C) 6626/2023 and CM Nos. 26011-26012/2023, W.P.(C) 7214/2023 and CM Nos. 28114-28115/2023 & 30784/2023, W.P.(C) 7369/2023 and CM Nos. 28705-28706/2023, W.P.(C) 7663/2023 & CM APPL. 29679-29680/2023, W.P.(C) 7773/2023 & CM APPL. 29997-29998/2023, W.P.(C) 7774/2023 & CM APPL. 30005-30006/2023, 32445/2023 and W.P.(C) 8088/2023 & CM APPL. 31155-31156/2023 was submitted by the Applicant and the same is taken on record. Ld. Counsel prayed for interim order in prayers (1) which are as below:-

1.

To direct the Corporate Debtor I Respondent to refrain from operating or flying the Aircraft for commercial use;

Ld. Counsel for the Respondent/Resolution Professional has submitted that reply has been filed.

We have heard Ld. Counsels for the Applicant and the Respondent. The interim orders of the Hon’ble High Court dated 05.07.2023 have also been brought to our attention. It is noted that the Applicant was not one of the Petitioners, in the Writ Petitions filed before Hon’ble High Court in which order dated 05.07.2023 was passed.

The interim orders on the above prayer (1) are accordingly reserved.

Ld. Counsel for the Respondent has also submitted that he will file additional affidavit with a copy to the Applicant, to place on record subsequent developments since the last order of this Adjudicating Authority dated 15.06.2023. Ld. Counsel for the Applicant is at liberty to file a response to the additional affidavit.

List the matter on 04.08.2023.

IA/3048/2023:-

Ld. Counsel for the Applicant in this IA/3048/2023 Engine Lease Finance B.V. V/s. IRP of Go Airlines (India) Limited & Anr. urgently sought interim orders with respect to prayer (a) and sought one week time to file rejoinder to the reply of the Respondent. He has also, however, submitted that with respect to prayer (a) it may not be necessary for this Adjudicating Authority to consider his rejoinder and this Adjudicating Authority may pass orders on the basis of arguments put forth today. The interim order of the Hon’ble High Court dated 05.07.2023 in Writ Petitions W.P.(C) 6569/2023 and CM Nos. 25806-25807/2023, W.P.(C) 6626/2023 and CM Nos. 26011-26012/2023, W.P.(C) 7214/2023 and CM Nos. 28114-28115/2023 & 30784/2023, W.P.(C) 7369/2023 and CM Nos. 28705-28706/2023, W.P.(C) 7663/2023 & CM APPL. 29679-29680/2023, W.P.(C) 7773/2023 & CM APPL. 29997-29998/2023, W.P.(C) 7774/2023 & CM APPL. 30005-30006/2023, 32445/2023 and W.P.(C) 8088/2023 & CM APPL. 31155-31156/2023 was submitted by the Applicant and the same is taken on record. Ld. Counsel prayed for interim order in prayer (a) which are as below:-

a. Direct Respondent No. I/Corporate Debtor to pass urgent interim directions and grant necessary permissions to allow the Applicant to depute an agency or an inspector to conduct inspection of the Four Engines.

Ld. Counsel for the Respondent/Resolution Professional has submitted that reply has been filed.

We have heard Ld. Counsels for the Applicant and the Respondent. The interim orders of the Hon’ble High Court dated 05.07.2023 have also been brought to our attention. It is noted that the Applicant was not one of the Petitioners, in the Writ Petitions filed before Hon’ble High Court in which order dated 05.07.2023 was passed.

The interim orders on the above prayer (a) are accordingly reserved.

Ld. Counsel for the Respondent has also submitted that he will file additional affidavit with a copy to the Applicant, to place on record subsequent developments since the last order of this Adjudicating Authority dated 15.06.2023. Ld. Counsel for the Applicant is at liberty to file a response to the additional affidavit.

List the matter on 04.08.2023.

IA/2850/2023:-

Ld. Counsel for the Applicant in this IA/2580/2023 BOC Aviation (Ireland) Limited V/s. IRP of Go Airlines (India) Ltd. urgently sought interim orders with respect to prayer (III) and sought one week time to file rejoinder to the reply of the Respondent. He has also, however, submitted that with respect to prayer (III) it may not be necessary for this Adjudicating Authority to consider his rejoinder and this Adjudicating Authority may pass orders on the basis of arguments put forth today. The interim order of the Hon’ble High Court dated 05.07.2023 in Writ Petitions W.P.(C) 6569/2023 and CM Nos. 25806-25807/2023, W.P.(C) 6626/2023 and CM Nos. 26011-26012/2023, W.P.(C) 7214/2023 and CM Nos. 28114-28115/2023 & 30784/2023, W.P.(C) 7369/2023 and CM Nos. 28705-28706/2023, W.P.(C) 7663/2023 & CM APPL. 29679-29680/2023, W.P.(C) 7773/2023 & CM APPL. 29997-29998/2023, W.P.(C) 7774/2023 & CM APPL. 30005-30006/2023, 32445/2023 and W.P.(C) 8088/2023 & CM APPL. 31155-31156/2023 was submitted by the Applicant and the same is taken on record. Ld. Counsel prayed for interim order in prayer (III) which are as below:-

III. Restrain the Insolvency Resolution Professional of the Corporate Debtor from taking any steps to cannibalise the Aircraft of any of its parts;

Ld. Counsel for the Respondent/Resolution Professional has submitted that reply has been filed.

We have heard Ld. Counsels for the Applicant and the Respondent. The interim orders of the Hon’ble High Court dated 05.07.2023 have also been brought to our attention. It is noted that the Applicant was not one of the Petitioners, in the Writ Petitions filed before Hon’ble High Court in which order dated 05.07.2023 was passed.

The interim orders on the above prayer (III) are accordingly reserved.

Ld. Counsel for the Respondent has also submitted that he will file additional affidavit with a copy to the Applicant, to place on record subsequent developments since the last order of this Adjudicating Authority dated 15.06.2023. Ld. Counsel for the Applicant is at liberty to file a response to the additional affidavit.

List the matter on 04.08.2023.