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This edition of The Protection of Interests in Aircraft Objects Act, 2025 (Act No. 17 of 2025, dated 16-4-2025) serves as a comprehensive and authoritative legal reference on the protection, registration, and enforcement of interests in aircraft objects, in alignment with international aviation treaties and conventions.
The book presents the bare text of the law—precisely as enacted—without commentary or interpretation, making it ideal for statutory referencing, academic study, and industry compliance. It ensures direct access to the provisions governing security interests, leasing arrangements, and other proprietary rights in aircraft objects, with the objective of enhancing creditor confidence and facilitating aircraft financing.
The content spans the full scope of the Act, including:
• Recognition and enforcement of international interests in aircraft objects
• Registration of security interests, leasing rights, and conditional sale contracts
• Priority rules for competing interests and resolution of conflicts
• Provisions for the International Registry of Mobile Assets related to aircraft
• Rights and remedies of creditors in case of debtor default
• Insolvency-related provisions for aircraft asset recovery and protection
• Recognition of irrevocable deregistration and export request authorisations (IDERAs)
• Jurisdiction and enforcement mechanisms in India
• Application of the Act in harmony with the Cape Town Convention and Aircraft Protocol
• Miscellaneous provisions for rule-making and dispute resolution
This edition is particularly suitable for:
• Airlines, aircraft lessors, and financing institutions involved in aircraft transactions
• Aviation lawyers and legal practitioners advising on asset financing and leasing
• Government authorities and regulators in the civil aviation sector
• International and domestic lenders providing secured financing for aircraft purchases
• Students and academicians specialising in aviation law and international commercial law
Whether used by airlines, financial institutions, regulators, or legal professionals, this edition delivers the complete legislative authority of The Protection of Interests in Aircraft Objects Act, 2025, ensuring compliance with both national law and international aviation obligations.
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