Tag: go first
Go First insolvency case: Promoters asked to reply on liquidation in 3 weeks by NCLT
Corporate dispute tribunal NCLT has asked the suspended board of grounded airline Go First to file a reply within three weeks over the liquidation of…
Go First flight cancellations extended till July 31 due to ‘operational reasons’
Go First airline, which has been grounded since early May, has announced a further extension of flight cancellations till July 31, the airline announced in…
Go First’s lenders approve $55 million fund infusion to revive carrier: Report
Reuters | | Posted by Sreelakshmi B Lenders to India’s Go First, which is under bankruptcy protection, have approved interim funding of 4.50 billion rupees…
Go First seeks up to $122 million in additional funds: Report
Indian airline Go First has sought additional funds for its operations at a lenders meeting on Wednesday, banking sources told Reuters. Go First (Representative Photo)…
Cash-strapped Go First cancels all flights till May 30, assures ‘full refund’
Go First airlines on Saturday announced that its flight operations will remain cancelled till May 30 adding that a full refund will be issued to…
View: It’s bankruptcy that needs a rescue in India
In the seven years that it has been around, Indian Prime Minister Narendra Modi’s signature bankruptcy reform has failed to live up to its billing….
Cash-strapped Go First extends suspension of flight operations till May 26
Crisis-hit Go First on Wednesday extended the suspension of flight operations till May 26, citing operational reasons and expressed hope that it will be able…
‘Claims without merit’: Pratt & Whitney to take legal action against Go First
The tussle between Go First Airlines and Pratt and Whitney (P&W) can now take a legal turn as the US jet manufacturer has defended itself…
NCLT initiates Go First airline’s plea to initiate insolvency resolution
The National Company Law Tribunal (NCLT) on Wednesday admitted Go First’s voluntary plea under the Insolvency and Bankruptcy Code (IBC) and awarded the airline bankruptcy…
NCLT initiates insolvency proceedings for Go First
The National Company Law Tribunal (NCLT) on Wednesday admitted Go First’s voluntary plea under the Insolvency and Bankruptcy Code (IBC) and awarded the airline bankruptcy…