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Aircraft Objects Bill, 2025
April 8 , 2025
9 days
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- Parliament approved the Protection of Interests in Aircraft Objects Bill, 2025 that will help reduce risks and costs for aircraft leasing by airlines in India.
- The Bill builds on the framework of the Cape Town Convention of 2001.
- This Convention has aimed to simplify and the standardize international leasing agreements.
- India formally adopted this convention in 2008.
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