Answer: Cape Town Convention
Notes: The Rajya Sabha passed the Protection of Interests in Aircraft Objects Bill, 2025, to implement international agreements on aviation leasing. It aligns with the Convention on International Interests in Mobile Equipment (Cape Town Convention, 2001) and its Protocol on Aircraft Equipment. India signed these agreements in 2008. The bill secures rights over aircraft, helicopters, and engines, ensuring legal clarity. It empowers the central government to make rules and designates the Directorate General of Civil Aviation (DGCA) as the registry authority for aircraft registration and de-registration, protecting creditors and aviation stakeholders under clear legal guidelines.
