[ad_1] Go First at NCLT: Troubled airline Go First on Monday requested the NCLT to take an early decision on its voluntary insolvency resolution petition. Meanwhile, lessors have started de-registering the airline’s aircraft. The bench said to consider the request of Go First Earlier, the tribunal had reserved its verdict on May 4 after hearing … Read more
[ad_1] New Delhi : The company has banned the sale of tickets till May 15, the second day after filing a voluntary bankruptcy resolution petition in the National Company Law Tribunal (NCLT) on behalf of the cash-strapped low-cost airline GoFirst. In the information given by the company to the Directorate General of Civil Aviation (DGCA), … Read more
[ad_1] Go First Crisis: GoFirst, an airline providing affordable services facing cash crunch, has appealed to the National Company Law Tribunal (NCLT) to give several interim directions. Go First has said in its appeal that the NCLT should restrain the lessors of aircraft from taking back their aircraft and at the same time direct the … Read more