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Go First lenders meeting to discuss liquidation, extension of deadline to invite EoIs

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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Wadia Group asserts no impact on finances from Go First bankruptcy

Indian aviation updates: Although there are currently no regulatory restrictions on domestic banks lending to other group entities of bankrupt companies, such transactions are difficult to execute given the enhanced credit risks at the group level, according to industry experts. ....

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