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NCLT s decision to admit Go First s insolvency riles lessors and vendors, leaves employees confused

GoFirst s employees are concerned about their salaries if they stick with the airline through its insolvency resolution process, while its lessors are concerned about their lease payments and have even approached the National Company Law Appellate Tribunal (NCLAT) to contest the order by the NCLT.

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Indian market at inflection point , but can its airlines prosper? | In depth

Indian market at inflection point , but can its airlines prosper? | In depth
flightglobal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from flightglobal.com Daily Mail and Mail on Sunday newspapers.

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Cash-Strapped Go First Cancels All Flights Till May 19, NCLT Admits Insolvency Plea

Go First cancelled its flights till May 19 and said a full refund would be issued to the original mode of payment

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NCLT admits Go First s plea to initiate insolvency resolution

A Coram of President Justice Ramalingam Sudhakar and technical member LN Gupta pronounced the verdict today and declared a full moratorium for the company. With this, NCLT has granted GoFirst protection under moratorium from recovery by lessors and lenders.

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NCLT admits Go First s plea for insolvency proceedings

NCLT admits Go First s plea for insolvency proceedings
aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.

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