MAHESHWARI & CO. has successfully assisted Skypulse Solutions IFSC Private Limited, a GIFT City-registered private company engaged in the business of global aircraft leasing and aviation-related services. The firm acted as the lead legal advisor in a complex aviation lease structuring, guiding the Client through the drafting, negotiation, and execution of a Lease Agreement.
The firm’s role was pivotal in aligning the lease framework into a phased structure, linking delivery milestones with fallback leasing rights and valuation adjustments tied to aircraft utilization metrics. The team ensured the lease agreement was well-drafted, reviewed, and negotiated to embed enhanced protections such as maintenance reserve rights, return condition guarantees, and lessor default remedies.
MAHESHWARI & CO. also advised on contractual safeguards balancing liquidity for the Lessor with commercial flexibility for the Lessee, incorporating mechanisms for aircraft sub-leasing, fallback acquisition, and termination triggers. The transaction has been successfully completed.
The project was led by Ms. Jyotsna Chaturvedi, Head of Corporate Practice, with assistance from Ms. Shyamli Shukla, Senior Associate, and Ms. Navya Saxena, Associate.