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DECLARATIONS 
LODGED BY THE KINGDOM OF BHUTAN UNDER THE CAPE TOWN CONVENTION AT THE TIME OF THE DEPOSIT OF ITS INSTRUMENT OF ACCESSION

 

 

Form No. 1 (Specific declaration under Article 39(1)(a))

 

The Kingdom of Bhutan declares that the following categories of non-consensual right or interest have priority under its law over an interest in an object equivalent to that of the holder of a registered international interest and shall have priority over a registered international interest, whether in or outside insolvency proceedings and whether registered before or after Bhutan’s accession.

 

(a) liens in favour or airline employees for unpaid wages arising since the time of a declared default by that airline under a contract to finance or lease and aircraft object;

 

(b) liens or other rights of an authority of India relating to taxes or other unpaid charges arising from or related to the use of that aircraft object and owed by the owner or operator of that aircraft object, arising since the time of a default by that owner or operator under a contract to finance or lease that aircraft object; and

 

(c) liens in favour or repairers and suppliers of an aircraft object in their possession to the extent of service or services performed on and value added to that aircraft object.

 

 

Form No. 13-A (Mandatory declaration under Article 54(2) applicable to all relevant remedies)

 

The Kingdom of Bhutan declares that all remedies available to the creditor under the Convention which are not expressed under the relevant provision thereof to require application to the court may be exercised without leave of the court.

News archive bt 

FORTHCOMING EVENTS

6th Workshop for the Economic Assessment of International Commercial Law Reform Project
(Postponed to 8 September 2020, Cambridge, UK)

 

4th Workshop for the project on Best Practices in the Field of Electronic Registry Design and Operation
(Postponed to 9 September 2020, Cambridge, UK)

 

9th Annual Cape Town Convention Academic Conference
(10-11 September 2020, Cambridge, UK)

 

Governing Council
99th session
(Rome, postponed to 23-25 September 2020)

 

 

 

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