​Protection and Enforcement of Interests in Aircraft Objects Bill, 2025

On 10th February 2025, the Minister for Civil Aviation tabled the Protection and Enforcement of Interests in Aircraft Objects Bill, 2025, in the Rajya Sabha.

  • The Bill aims to ratify the Cape Town Convention (CTC), providing a structured legal framework for resolving disputes related to aircraft leasing and recovery of aviation assets in India.

What is the Cape Town Convention?

  • Background: The Cape Town Convention, initially signed in 2001, is a global legal framework that regulates the leasing and financing of aircraft, allowing lessors to take back possession of aircraft in case of default.
  • India’s Ratification Pending: Though India signed the Convention ....
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