Go First lenders weigh liquidation, asset evaluation, and buyer options, vote result awaited newkerala.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newkerala.com Daily Mail and Mail on Sunday newspapers.
Lenders are looking to discuss a proposal to liquidate Go First, a proposal to choose a firm to evaluate its remaining assets, and another proposal to evaluate potential buyers interested in the airline’s assets.
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Go First lenders held a meeting on Friday on a series of proposals aimed at navigating the precarious financial situation the cash-strapped carrier finds itself in. In a bid to facilitate a more thorough evaluation process, lenders also voted .