New Delhi, Sept. 3 -- Bankrupt airline Go First now faces a lawsuit over missing tyres leased to it by the Japanese tyre maker Bridgestone. The tyre company, which had leased 1,400 tyres to the airline at $200-700 per tyre per month, now wants them back.

Its Thailand subsidiary, Bridgestone Aircraft Tire Manufacturing (Thailand) Company, has petitioned the National Company Law Tribunal (NCLT) in Delhi, arguing that the tyres were leased and not sold to the airline, and therefore couldn't be included in the assets to be liquidated.

"The main point was that tyres for Go First aircraft were leased and not sold and therefore were not the property of the bankrupt airline. Although, as an operational creditor, the demand was just for Rs.3.2 c...