Go First Airlines Insolvency : NCLT Delhi Allows Urgent Listing; To Hear Tomorrow
NCLT, Delhi Principal Bench comprising Justice Ramalingam Sudhakar, President and L.N. Gupta , Member allowed the mentioning plea for urgent listing of the petition filed for the insolvency of Go First airline and directed to list the matter on 04.05.2023 at 10.30.am, as the first item . An application for voluntary Resolution proceedings was filed by Go First Airlines before...
NCLT, Delhi Principal Bench comprising Justice Ramalingam Sudhakar, President and L.N. Gupta , Member allowed the mentioning plea for urgent listing of the petition filed for the insolvency of Go First airline and directed to list the matter on 04.05.2023 at 10.30.am, as the first item . An application for voluntary Resolution proceedings was filed by Go First Airlines before the National Company Law Tribunal and the same was mentioned today for urgent listing .
Go First had also suspended its flights scheduled for May 3 to May 5 due to a severe cash crisis. P. Nagesh, Sr Advocate alongwith Adv. Pranjal Kishore & Adv. Akshay Sharma appeared and mentioned the matter for Go First Airlines.
Case Name: In the matter of Go Airlines ( India) Ltd
Case No. CP No. 264/2023