The National Company Law Tribunal (NCLT) has granted Go First Airlines protection under a moratorium from recovery by lessors and lenders in response to the airline’s plea for voluntary insolvency and initiation of CIRP proceedings. The NCLT has also suspended the earlier management of Go First, with Abhilash Lal appointed as IRP. Flight cancellations have been extended to May 19, though the tribunal ordered that no employees are to be laid off, while the suspended management team must provide all necessary support to the IRP to maintain the airline’s position as a going concern., Business News, Times Now