It said the airline had numerous deficiencies in the areas of personnel, safety and operation and had not paid any salary for months to employees. A Paramount Airways spokesperson said they were rectifying or contesting the points mentioned.
The DGCA report, a copy of which is with Business Standard, stated that under the Madras high court direction, an inspection was carried out by a team headed by V K Arora, deputy director general, DGCA.
Only one aircraft is in operation, the rest having been disallowed from flying and the comprehensive insurance policy had also expired, said the report.
Various other deficiencies and breaches of rules have been listed -- on spare parts, stores and inspections. Internal audit reports were not available. Manpower training was poor or not happening.