https://www.taxtmi.com/news?id=39056 The Bill facilitates enforcement and repossession rights for foreign creditors and lessors over movable aviation assets by aligning domestic law with the Cape Town Convention, aiming to standardize aircraft financing and restore investor confidence. MPs supported ratification to streamline insolvency and leasing processes, while warning that easier repossession could disadvantage domestic airlines, small companies, passengers and employees and urging safeguards to preserve a level playing field. en-us Fri, 28 Mar 2025 19:31:03 +0530 Fri, 28 Mar 2025 19:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=39056 The Bill facilitates enforcement and repossession rights for foreign creditors and lessors over movable aviation assets by aligning domestic law with the Cape Town Convention, aiming to standardize aircraft financing and restore investor confidence. MPs supported ratification to streamline insolvency and leasing processes, while warning that easier repossession could disadvantage domestic airlines, small companies, passengers and employees and urging safeguards to preserve a level playing field. News - Fri, 28 Mar 2025 19:31:03 +0530 https://www.taxtmi.com/news?id=39056