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Welcome to the first edition of Defence Dispatch, Ikigai Law's new monthly newsletter on India's defence sector. It will track in one place, the developments that are reshaping defence policy, defence manufacturing...

On December 5, 2024, the Parliament passed the Bharatiya Vayuyan Vidheyak, 2024 ("BVV"), which replaces the near century old Aircraft Act, of 1934 ("Aircraft Act").

Millions of pieces of space debris litter the space.

In Her Speech, The FM Proposed That Expansion Of Existing Airports And Development Of New Airports Will Continue Expeditiously.

The aviation industry is undergoing a seismic shift and transformation. Once dominated by the manned aircrafts and centralized air traffic control, the 21st century skies are now shared...

India's new Cape Town Convention framework fundamentally reshapes aircraft lease recovery rights during airline insolvencies, introducing a strict two-month moratorium limit that overrides the Insolvency and Bankruptcy Code. How will this legislative shift impact international lessors, resolution professionals, and the future of aircraft financing in India's aviation sector?

The Convention on International Interests in Mobile Equipment and the Protocol on Matters specific to Aircraft Equipment (the ‘Protocol') (together the ‘CTC'/ ‘Convention') came into effect...

Code-sharing is a fairly common marketing arrangement where an airline (a "Marketing Airline") places its designator code on a flight operated by another airline ("Operating Airline")...

The Minister of Civil Aviation of India, Mr. Hardeep Singh Puri, introduced the Aircraft (Amendment) Bill, 2020 (the "Bill") before the Lok Sabha on February 4, 2020...

The decision of the Mumbai Bench of the Income Tax Appellate Tribunal ("ITAT") in Sunflower Aircraft Leasing Limited v. Assistant Commissioner of Income Tax addresses an important...

Indian space sector has historically been government-controlled, with Indian Space Research Organisation ("ISRO") functioning as the primary driver of all space activities.

The Division Bench of the Hon'ble Delhi High Court comprising of the Hon'ble Mr. Justice Vibhu Bakhru and Hon'ble Mr. Justice Amit Mahajan in the case of East India Hotels Ltd. v. Commissioner of Customs, Central Excise And Central GST, New Delhi ...

Various press reports have highlighted the exponential growth within India's aviation sector.

Over the last few years, the regulatory architecture for aircraft leasing in the Gujarat International Finance Tec-City (GIFT City) has evolved steadily.

Foreign capital can now reach almost every layer of an Indian airline’s balance sheet, but control cannot. Every foreign strategic investor and private equity sponsor must internalize before drafting term sheets for a domestic carrier. The percentage of equity a foreign party may hold and the degree of control it may exercise are governed by two separate legal regimes that do not move together, and the gap between them is where most aviation deals in India succeed or unravel.

India's civil aviation sector is preparing for a significant regulatory transition. The Aircraft Rules, 1937, which have governed the country's aviation framework for nearly nine decades, are set to be replaced by the Bharatiya Vayuyan Niyam, 2026. Notified by the Ministry of Civil Aviation on 26 October 2026 and published in the Gazette of India on 31 October 2026, the new Rules will come into effect on 1 January 2027.

Following are the regulations led down in the CAR for regulating resignations in airlines, which will help us to understand the issue in the mentioned case.