Full Text
REGD. No. D. L.-33004/99
The Gazette of India
CG-DL-E-31012026-269709
EXTRAORDINARY
PART II—Section 3—Sub-section (i)
PUBLISHED BY AUTHORITY
No. 76]
NEW DELHI, FRIDAY, JANUARY 30, 2026/MAGHA 10, 1947
667 GI/2026
MINISTRY OF CIVIL AVIATION
NOTIFICATION
New Delhi, the 30th January, 2026
G.S.R. 77(E). - Whereas, a draft of the Protection of Interests in Aircraft Objects Rules, 2025, were published
in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), dated the 17th September, 2025 inviting
objections and suggestions from all persons likely to be affected thereby, within a period of thirty days from the date of
publication of the said notification;
And whereas copies of the Gazette containing the said notification were made available to the public on the
17th day of September, 2025;
And whereas the objections and suggestions on the said draft rules received from the public have been duly
considered by the Central Government.
Now, therefore, in exercise of the powers conferred by section 10 read with sections 4 and 5 of the Protection
of Interests in Aircraft Objects Act, 2025 (17 of 2025), the Central Government hereby makes the following rules,
namely:—
1. Short-title and commencement. – (1) These rules may be called the Protection of Interests in Aircraft Objects
Rules, 2026.
(2) They shall come into force on the date of their publication in the Official Gazette.
2. Definitions. – (1) In these rules, unless the context otherwise requires, —
(a) "Act" means the Protection of Interests in Aircraft Objects Act, 2025 (17 of 2025);
(b) "airport" means a landing and taking off area for aircraft, usually with runways and aircraft maintenance
and passenger facilities and includes aerodrome as defined in clause (1) of section 2 of the Bharatiya
Vayuyan Adhiniyam, 2024 (16 of 2024);
(c) "Code" means the Insolvency and Bankruptcy Code, 2016 (31 of 2016);
(d) "Convention" means the Convention on International Interests in Mobile Equipment, signed at Cape
Town on 16th November, 2001, as set out in the First Schedule to the Act;
(e) "Form" means a form appended in Appendix 'C' to these rules;
(f) "Information System" means an electronic system for maintaining, updating and collating information
as required under these rules;
(g) "Protocol" means the Protocol to the Convention on International Interests in Mobile Equipment on
Matters specific to Aircraft Equipment signed at Cape Town on 16th November, 2001, as set out in the
Third Schedule to this Act;
(h) "resolution professional" shall have the meaning as defined in clause (27) of section 5 of the Insolvency
and Bankruptcy Code, 2016 (31 of 2016);
(i) "stakeholder" means the stakeholder as referred to in Appendix 'B' to these rules;
(j) "waiting period" shall have the meaning as referred to in rule 11 of these rules.
(2) The words and expressions used and not defined in these rules, but defined in the Act, Convention or
Protocol, shall have the meanings assigned to them in the Act, Convention or Protocol.
3. Non-consensual rights or interests under the Convention. — (1) The right or interest for categories of non-
consensual right or interest under Article 40 of the Convention, as referred to in Second Schedule to the Act shall be
registrable as registrable non-consensual rights or interests in respect of that aircraft object with the international
registry:
Provided that these rules shall not limit or affect the right or interest of unpaid wages of airline employees as per
declaration deposited by India under sub-clause (a) of clause (1) of Article 39 of the Convention.
4. Directions by registry authority. — (1) The registry authority may issue direction under section 4 of the Act, after
placing the draft on its website for a period of fourteen days for inviting objections and suggestions from all persons
likely to be affected thereby:
Provided that the Director General, Directorate General of Civil Aviation may, in the public interest and by order
in writing, dispense with the requirement of inviting such objection and suggestions or reduce the period for submitting
such objections and suggestions.
(2) Every direction issued under sub-rule (1) shall be complied with by the person or entity to whom such
direction is issued.
5. Functions of the registry authority. — (1) For the purposes of these rules, the registry authority shall perform the
following functions, namely: –
(a) to establish, maintain and update the Information System; and
(b) other matter arising out of such functions.
(2) The Information System shall be structured on an aircraft-object-by-aircraft-object basis:
(3) The Information System shall not affect the creation of international interest or its priority as recorded in
the international registry.
6. Information of interest on an aircraft object to registry authority. - (1) Any debtor operating an aircraft object,
where such aircraft object is subject to an international interest, shall inform such interest on aircraft object to the registry
authority within thirty days of registration of that aircraft object under the provisions of the Bharatiya Vayuyan
Adhiniyam, 2024 (16 of 2024) or rules made thereunder:
Provided that where any aircraft object registered or operated in India is subject to an international interest as
on date of commencement of these rules, the debtor shall inform the registry authority of the international interest within
six months from such commencement.
(2) Upon receiving an information under sub-rule (1) in Form-I appended to these rules, the registry authority
shall identify such aircraft object through the Indian nationality registration mark assigned to the aircraft in its Certificate
of Registration as issued by the Directorate General of Civil Aviation in accordance with the rules made under the
Bharatiya Vayuyan Adhiniyam,2024.
7. Maintenance and submission of records of dues on an aircraft object. – (1) Any debtor operating an aircraft
object, where that aircraft object is subject to an international interest, shall electronically maintain records of dues
arising from, related to or owed in regard to the ownership or use by the owner or operator of the aircraft object and
submit to the registry authority.
(2) The debtor shall periodically maintain and submit the dues, as provided in Appendix- 'A' to these rules,
with the registry authority.
(3) The maintenance and submission referred to under sub-rule (2), shall be maintained and submitted not later
than the fifth day of the calendar month following the end of each quarter and shall continue to be maintained and
submitted as long as that aircraft object remains registered in India under the provisions of Bharatiya Vayuyan
Adhiniyam, 2024 or any rules made thereunder.
(4) The information under this rule shall be submitted in Form-II appended to these rules in the Information
System.
Explanation: For the purposes of this rule, it is hereby clarified that the debtor shall, as and when required by the
registry authority, furnish the information specified under these rules.
8. Access to the Information System. – The Information System shall be electronically accessible in respect of the
specific aircraft object to the stakeholder and the creditor.
9. Information to registry authority of occurrence of default. – (1) A creditor before exercising any remedy under
the Convention or Protocol shall inform the registry authority of the occurrence of default in Form- III in the Information
System.
(2) Upon receipt of the application in Form- III under sub-rule (1), the registry authority shall acknowledge the
receipt on the same working day.
(3) The registry authority may issue directions for the procedure and manner, consistent with the
provisions of the Act, for exercising any remedy under the Convention or Protocol.
10. Notice to stakeholders. – (1) After the acknowledgement under sub-rule (2) of rule 9, the registry authority shall
inform the stakeholders and debtor the occurrence of default in respect of the aircraft object, through publication on its
website before the end of the next working day.
(2) The debtor and stakeholders shall submit the details of outstanding dues, within three working days to the
registry authority, in Form-II and Form-IV, respectively, as appended to these rules in the Information System.
11. Procedure during the 'waiting period' in case of insolvency. – (1) Where a debtor is subject to corporate
insolvency or bankruptcy proceedings under the Code, the moratorium under section 14 of the Code shall commence
on the insolvency commencement date and shall expire at the end of two calendar months, and be called the 'waiting
period' under these rules.
(2) No remedy recognised under the Convention or Protocol shall be prevented or restricted after the expiry of
the waiting period.
(3) During the waiting period, the resolution professional, shall,
(a) preserve the aircraft object and maintain its value in accordance with the underlying contract between a
creditor and a debtor, and
(b) provide creditor with access to the aircraft object, and all technical and maintenance records relating to,
and information on the physical security of, that aircraft object.
(4) The debtor or the resolution professional, as the case may be, may retain possession of the aircraft object
if, before the expiry of the waiting period, all defaults other than those arising from the initiation of insolvency
proceedings have been cured, and the resolution professional has agreed to perform all future obligations under the lease
or security agreement with the creditor.
(5) At the end of the waiting period, upon receipt of an application from the creditor for exercising a remedy
under clause (1) of Article IX of the Protocol, the registry authority shall take appropriate action in accordance with the
provisions of the Bharatiya Vayuyan Adhiniyam, 2024 or the rules made thereunder.
(6) An agreement between the debtor and creditor, shall not be modified without the consent of that creditor:
Provided that sub-rule (6) shall not be construed to affect the authority, if any, of the resolution professional
under the Code to terminate the agreement.
(7) Clause (a) of sub-rule (3) shall not preclude the use of the aircraft object under arrangements designed to
preserve the aircraft object and maintain its value.
12. Non-Judicial remedies. — In accordance with the declaration made by India under clause (2) of Article 54 of the
Convention, for remedies, under sub-clause (a) of clause (1) of Article 8 or clause (a) of Article 10 of the Convention,
taking possession or control of an aircraft object, the registry authority shall issue direction determining the manner of
availing such remedies by a creditor, consistent with the provisions of the Act.
13. De-registration and export of aircraft. — The registry authority shall, in accordance with the provisions of the
Bharatiya Vayuyan Adhiniyam, 2024 or rules made thereunder, take action on an application made by the creditor for
a remedy under Article XIII of the Protocol.
14. Settlement of dues by IDERA Holder prior to export of aircraft. — Dues in Appendix 'A', arising after the
information to the registry authority under rule 9, shall be paid and settled by the IDERA Holder before the aircraft is
permitted to be exported from India in accordance with the provisions of the Bharatiya Vayuyan Adhiniyam, 2024 or
the rules made thereunder.
Explanation: For the purposes of these rules, it is hereby clarified that, —
(1) "IDERA" means the irrevocable deregistration and export request authorisation to be used for getting an aircraft
deregistered and exported under the provisions of the Protocol; and
(2) "IDERA Holder" means the authorised party under an IDERA or its certified designee.
Appendix-A
[ See rule 7]
Categories of dues on an aircraft object:
(a) Airport operator charges including landing charges, housing charges and parking charges
(b) Route Navigation and Facilitation Charges
(c) Terminal Navigation Landing Charges
(d) Fuel charges as a public service
(e) Goods and service tax payable in respect of the leasing or financing
Appendix- B
[ See rule 2(i)(w)]
Categories of stakeholders:
(a) Airport operators
(b) Air navigation service provider
(c) Goods and services tax authority
(d) Fuel providers for dues relating to the aircraft object covered under clause (e) of Appendix- A.
Appendix C
Form- I
Application for Information of Aircraft Object in Information System
SECTION 1 – Aircraft Object Details
+-----+-------------------------------------+----------+
| SN. | Registration Mark | VT- |
+=====+=====================================+==========+
| 1. | Name and address of Manufacturer | |
+-----+-------------------------------------+----------+
| 2. | Type and Model of Aircraft Object | |
+-----+-------------------------------------+----------+
| 3. | Manufacturer's serial number of | |
| | Aircraft Object | |
+-----+-------------------------------------+----------+
| 4. | Type and Model of Engines | |
+-----+-------------------------------------+----------+
| 5. | Name and registered address of | |
| | Creditor | |
+-----+-------------------------------------+----------+
| 6. | Name and registered address of | |
| | Debtor | |
+-----+-------------------------------------+----------+
7. Any other person having right in or over the
object (mortgagee)
SECTION 2 Authorised Person or its certified designee details
The applicant is: (Please tick the appropriate box)
*Authorised Party * Certified Designee
*Authority letter for its certified designee.
Name: Signature:
Address
Email
Telephone
SECTION 3— Registry authority Official use only
Name: Designation:
Date: Signature:
Form -II
Format for Reporting Dues by Debtor
[ See rule 10]
A. Particulars of Creditor(s) / Lessor(s)/Debtor
+-------------------------+-----------+-------------+---------------------------+
| Name of Owner | Address | Nationality | Principal Place of Business |
+=========================+===========+=============+===========================+
| | | | |
+-------------------------+-----------+-------------+---------------------------+
| Name of Lessor/Creditor | Address | Nationality | Principal Place of Business |
+-------------------------+-----------+-------------+---------------------------+
| | | | |
+-------------------------+-----------+-------------+---------------------------+
| Name of Lessee/Debtor | Address | Nationality | Principal Place of Business |
+-------------------------+-----------+-------------+---------------------------+
| | | | |
+-------------------------+-----------+-------------+---------------------------+
B. Aircraft Object Details
+----------------------------------+-----------------+
| Registration Mark | |
+----------------------------------+-----------------+
| Type and Model of Aircraft | |
+----------------------------------+-----------------+
| Aircraft Manufacturer's Serial | |
| Number | |
+----------------------------------+-----------------+
| Model of Engine | |
+----------------------------------+-----------------+
| Engine Manufacturer's Serial | 1. |
| Number | 2. |
| | 3. |
| | 4. |
+----------------------------------+-----------------+
C. SUMMARY OF OUTSTANDING DUES for the Aircraft/object at the end of MM/YYYY
+-------+-------------------------------------------------------------+---------------+
| Sl.No.| Category | Amount (Rs.) |
+=======+=============================================================+===============+
| 1. | Airport operator charges including landing charges, housing | |
| | charges and parking charges. | |
+-------+-------------------------------------------------------------+---------------+
| 2. | Route Navigation and Facilitation Charges | |
+-------+-------------------------------------------------------------+---------------+
| 3. | Terminal Navigation Landing Charges | |
+-------+-------------------------------------------------------------+---------------+
| 4. | Fuel charges as a public service in respect of that | |
| | aircraft object | |
+-------+-------------------------------------------------------------+---------------+
| 5. | Goods and service tax payable in respect of the | |
| | leasing or financing of that aircraft object | |
+-------+-------------------------------------------------------------+---------------+
Total Outstanding Amount (Rs.) | |
+---------------------------------------------------------------------+---------------+
Form- III
Application for creditors to exercise remedy under the Protection of Interests in Aircraft Objects Act, 2025
(17 of 2025)
[ See rule 9]
SECTION 1 – Aircraft Details
+-----+-------------------------------------+----------+
| SN. | Registration Mark | VT- |
+=====+=====================================+==========+
| 1. | Name and address of Aircraft | |
| | Manufacturer | |
+-----+-------------------------------------+----------+
| 2. | Type and Model of Aircraft | |
+-----+-------------------------------------+----------+
| 3. | Manufacturer's serial number of | |
| | Aircraft | |
+-----+-------------------------------------+----------+
| 4. | Type and Model of Engines | |
+-----+-------------------------------------+----------+
| 5. | Name and registered address of | |
| | Creditor | |
+-----+-------------------------------------+----------+
| 6. | Name and registered address of | |
| | Debtor | |
+-----+-------------------------------------+----------+
| 7. | Any other person having right in or | |
| | over the object (mortgagee) | |
+-----+-------------------------------------+----------+
| 8. | Details of remedy sought | |
+-----+-------------------------------------+----------+
SECTION 2 Details of applicant
The applicant is: (Please tick the appropriate box)
IDERA Holder *Authorised Party * Certified Designee
*Authority letter from IDERA Holder must be submitted by Authorised person or its certified designee.
Name: Signature:
Address
Email
Telephone
SECTION 3— Registry authority for Official use only
Name: Designation:
Date: Signature:
Form- IV
Format for Claiming Outstanding Dues by Stakeholder
[ See rule 10]
A. Particulars of Stakeholder
+---------------------+-----------+-------------+---------------------------+
| Name of Stakeholder | Address | Nationality | Principal Place of Business |
+=====================+===========+=============+===========================+
| | | | |
+---------------------+-----------+-------------+---------------------------+
| Name of Lessee/Debtor | Address | Nationality | Principal Place of Business |
+---------------------+-----------+-------------+---------------------------+
| | | | |
+---------------------+-----------+-------------+---------------------------+
B. Aircraft Object Details
+----------------------------------+-----------------+
| Registration Mark | |
+----------------------------------+-----------------+
| Type and Model of Aircraft | |
+----------------------------------+-----------------+
| Aircraft Manufacturer's Serial | |
| Number | |
+----------------------------------+-----------------+
| Engine Type & Model | |
+----------------------------------+-----------------+
| Engine Manufacturer's Serial | 1. |
| Number | 2. |
| | 3. |
| | 4. |
+----------------------------------+-----------------+
C. OUTSTANDING DUES Claimed
+-------+-------------------------------------------------------------+---------------+-----------------------------------------------+
| Sl.No.| Category | Amount (Rs.) | Whether Registered with International Registry or Not |
+=======+=============================================================+===============+===============================================+
| 1. | Airport operator charges including landing charges, housing | | |
| | charges and parking charges. | | |
+-------+-------------------------------------------------------------+---------------+-----------------------------------------------+
| 2. | Route Navigation and Facilitation Charges | | |
+-------+-------------------------------------------------------------+---------------+-----------------------------------------------+
| 3. | Terminal Navigation Landing Charges | | |
+-------+-------------------------------------------------------------+---------------+-----------------------------------------------+
| 4. | Fuel charges as a public service in respect of that | | |
| | aircraft object | | |
+-------+-------------------------------------------------------------+---------------+-----------------------------------------------+
| 5. | Goods and service tax payable in respect of the | | |
| | leasing or financing of that aircraft object | | |
+-------+-------------------------------------------------------------+---------------+-----------------------------------------------+
Total Outstanding Amount (Rs.) | | |
+---------------------------------------------------------------------+---------------+-----------------------------------------------+
Name of Authorised person :
Designation :
Organisation Name :
Date and Place :
[F. No. AV-11012/4/2020-A-MOCA-Part(1)]
ASANGBA CHUBA AO, Jt. Secy.
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and Published by the Controller of Publications, Delhi-110054.