https://www.taxtmi.com/caselaws?id=313842 Delhi HC rejected the doctrine of merger defense raised by GoAir's resolution professional, ruling that merger applies only when superior courts examine issues on merits. The court found prima facie evidence of aircraft cannibalization after five months of grounding and granted lessors access to aircraft documents, records, and maintenance files within fourteen days. The court also permitted lessors to arrange 24-hour security services at their expense to protect the valuable aircraft equipment during case pendency. en-us Thu, 12 Oct 2023 00:00:00 +0530 Fri, 03 May 2024 19:06:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=313842 Delhi HC rejected the doctrine of merger defense raised by GoAir's resolution professional, ruling that merger applies only when superior courts examine issues on merits. The court found prima facie evidence of aircraft cannibalization after five months of grounding and granted lessors access to aircraft documents, records, and maintenance files within fourteen days. The court also permitted lessors to arrange 24-hour security services at their expense to protect the valuable aircraft equipment during case pendency. Case-Laws Insolvency and Bankruptcy Thu, 12 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=313842