Go First Gets Insolvency Cover, Lessors' Efforts To Repossess Aircraft Hit

Wednesday, 10 May 2023Newsdesk
 Go First Gets Insolvency Cover, Lessors' Efforts To Repossess Aircraft Hit
Go First: A two-member bench appointed Abhliash Lal as interim resolution professional (IRP) to run the debt-ridden company.

New Delhi 10 May 2023

As per news report of NDTV,In a major relief for the struggling budget airline Go First, the National Company Law Tribunal (NCLT) today admitted its voluntary plea to initiate an insolvency resolution process, which is aimed at restructuring debt and liabilities.

Source - NDTV

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