Central Government Excludes Aircraft-Related Transactions under the Purview of Section 14(1) of Insolvency and Bankruptcy Code [Read Notification]

Central Government -Excludes Aircraft-Related -Transactions - Purview - Insolvency - Bankruptcy Code-TAXSCAN

The Ministry of Corporate Affairs, vide notification no. S.O. 4321(E) issued on 4th October 2023 has notified the exclusion of aircraft related transactions, arrangements or agreements under the purview of Section 14(1) of the Insolvency and Bankruptcy Code (IBC). The notification states that “WHEREAS, the Convention on International Interests in Mobile Equipment and the Protocol…

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