Sarin & Co

Our Managing Partner, Nitin Sarin, will be speaking on 'Engine Leasing & Financing and Relevant Laws' at the MRO South Asia Summit scheduled to be held on 26th and 27th March in New Delhi! With the aviation industry evolving rapidly, it’s a great opportunity to exchange insights and connect with industry leaders. To schedule a meeting, please connect via email: consult@sarinlaw.com We look forward to seeing you there! #sarinlaw #avgeek

Sarin & Co. is expanding and looking for talented and motivated Associates to join our team! If you’re passionate about aviation and want to work in a dynamic environment, we’d love to hear from you. Apply now or share this with someone who might be a great fit! For more details, visit the Careers section of our website at www.sarinlaw.com #sarinlaw #avgeek #hiring

Sarin & Co. is expanding and looking for talented and motivated Associates to join our team! If you’re passionate about aviation and want to work in a dynamic environment, we’d love to hear from you. Apply now or share this with someone who might be a great fit! For more details, visit the Careers section of our website at www.sarinlaw.com #sarinlaw #avgeek #hiring

Happy Holi to you and your loved ones from the team at Sarin & Co.! #holi2025 #sarinlaw

Sarin & Co. is expanding and looking for talented and motivated Associates to join our team! If you’re passionate about aviation and want to work in a dynamic environment, we’d love to hear from you. Apply now or share this with someone who might be a great fit! For more details, visit the Careers section of our website at www.sarinlaw.com #sarinlaw #avgeek #hiring

Aviation security is a critical aspect of the industry, and one of India's key legal frameworks addressing unlawful acts against civil aviation is The Suppression of Unlawful Acts Against Safety of Civil Aviation Act, 1982 (as amended from time to time). This Act was enacted to prevent and penalize offenses that threaten the safety of aircraft, passengers, and aviation infrastructure. It aligns with India's international obligations under conventions such as the Montreal Convention (1971) and covers: 1.     Unlawful acts of violence against passengers or crew onboard an aircraft, sabotage, and attacks on airports & aircraft. 2.     Jurisdiction over offenses committed on Indian aircraft, even outside India. 3.     Strict penalties, including life imprisonment and death sentences in severe cases. 4.     Extradition provisions for offenders, reinforcing global aviation security efforts. With evolving threats to civil aviation, stringent enforcement of this Act remains crucial in safeguarding air travel. #sarinlaw #avgeek

On February 26, 2025, the International Financial Services Centres Authority has issued a circular (“Circular”) whereby the ‘Framework for Aircraft Lease’ (“AL Framework”) (IFSCA circular dated May 18, 2022, as amended) stands further amended. The Circular has amended Clause O.2 of the AL Framework which deals with transactions with person(s) resident in India. According to the Circular, a restriction is imposed on a lessor with respect to purchase, lease or acquisition of any asset (covered under the AL Framework), where post-acquisition, the asset will be operated or used solely by person(s) resident in India or to provide services to person(s) resident in India. However, the aforementioned restriction shall not apply to transactions where (i) lessor acquires the asset from a non-group entity of the lessor; or (ii) lessor acquires the asset as a part of a sale and lease back arrangement where the asset is being imported into India for the first time; or (iii) lessor acquires the asset from a manufacturer of such asset in India. The detailed Circular is attached herewith. #sarinlaw #avgeek

We at Sarin & Co are grateful to everyone who took the time to meet us during the recent Airline Economics Growth Frontiers Conference in New Delhi. We had a marathon seventeen meetings over the two days ranging from meetings with OEMs, Lessors to foreign law firms. Our aim was to introspect and ask for feedback on how to improve ourselves as well as giving information about the Indian market. #avgeek #sarinlaw

Our Associate Vanessa Pereira Fernandes on the panel talking about aircraft repossession in India. #sarinlaw

✈ Growth Frontiers India 2025 ✈ India’s GIFT City Growth in the Aviation sector, leasing, finance, Cape Town convention and regulatory aspects. Moderated by Nitin Sarin, Managing Partner, Sarin & Co Joining Nitin: Ravi Nath, Managing Partner, RNClegal / Rajinder Narain & Co. Vishok M. Mansingh, CEO, Vman Aviation Services Lovejeet Singh, Partner, Chandhiok & Mahajan, Advocates and Solicitors Shipra Jaipuria, Senior Manager, ICF Consulting Bharat Jain, Partner, BSR & Co. LLP Gaurav Raval, Consultant, IFSCA #AEIndia25 #airlineeconomics #aviationnews #India #growthfrontiers #aviation #finance #leasing #giftcity