The aviation ministry had in October 2018 sought comments on the CTC Bill 2018 to implement the treaty India had signed in 2008 to basically assure lessors their expensive assets like aircraft and engines will not get stuck here when Indian carriers default on paying rentals or go belly up. However the move has remained stuck since then.

from Times of India https://timesofindia.indiatimes.com/business/india-business/go-first-fallout-india-considers-passing-cape-town-convention-bill-to-comfort-foreign-aircraft-lessors/articleshow/100230569.cms