<p>Aircraft lessor SMBC Aviation Capital Ltd on Wednesday moved the appellate tribunal NCLAT against the order passed by the <a href="https://www.deccanherald.com/business/nclt-admits-go-firsts-plea-to-initiate-insolvency-resolution-1217407.html" target="_blank">NCLT earlier in the day allowing Go First's voluntary plea to initiate insolvency proceedings</a>.</p>.<p>SMBC Aviation Capital, formerly RBS Aviation Capital, is one of the world's largest aircraft leasing companies.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/business-news/go-air-may-have-planes-repossesed-complicating-rescue-efforts-1216071.html" target="_blank">Go Air may have planes repossesed, complicating rescue efforts</a></strong></p>.<p>Earlier in the day, the Delhi-based principal bench of the National Company Law Tribunal (NCLT) admitted Go First's voluntary plea to initiate the insolvency resolution process against the airline.</p>.<p>The tribunal appointed an interim resolution professional (IRP) while suspending the board and putting a moratorium on the debt-ridden company's financial obligations.</p>.<p>During the hearing at NCLT last week, several aircraft lessors had opposed Go First's voluntary insolvency plea.</p>
<p>Aircraft lessor SMBC Aviation Capital Ltd on Wednesday moved the appellate tribunal NCLAT against the order passed by the <a href="https://www.deccanherald.com/business/nclt-admits-go-firsts-plea-to-initiate-insolvency-resolution-1217407.html" target="_blank">NCLT earlier in the day allowing Go First's voluntary plea to initiate insolvency proceedings</a>.</p>.<p>SMBC Aviation Capital, formerly RBS Aviation Capital, is one of the world's largest aircraft leasing companies.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/business-news/go-air-may-have-planes-repossesed-complicating-rescue-efforts-1216071.html" target="_blank">Go Air may have planes repossesed, complicating rescue efforts</a></strong></p>.<p>Earlier in the day, the Delhi-based principal bench of the National Company Law Tribunal (NCLT) admitted Go First's voluntary plea to initiate the insolvency resolution process against the airline.</p>.<p>The tribunal appointed an interim resolution professional (IRP) while suspending the board and putting a moratorium on the debt-ridden company's financial obligations.</p>.<p>During the hearing at NCLT last week, several aircraft lessors had opposed Go First's voluntary insolvency plea.</p>