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Home Posts tagged NCLT
Aviation Top Stories

No definite timeline to resume operations: Go First

By 555
Go First has informed the Directorate General of Civil Aviation (DGCA) that they do not have a ‘definite timeline’ yet on the resumption of operations, have suspended operations on May 3. Meanwhile, the suspended board of Go First on Tuesday filed caveats before the Supreme Court against four aircraft lessors of the crisis-hit airline. Four […]Continue Reading
Outbound Top Stories

Centre to re-allocate Haj flights of Go First to other airlines

By 1783
The Indian government has decided to re-allocate the Hajj flights that were originally planned to be operated by Go First, an airline facing financial difficulties. The decision comes in light of Go First’s cancellation of all flights since May 3 and its admission of voluntary insolvency resolution proceedings by the National Company Law Tribunal. Instead […]Continue Reading
Ajay Prakash
Top Stories Trade Associations

TAFI members may move NCLT against Go First

By 648
Travel agents belonging to TAFI (Travel Agents Federation of India) are contemplating to move NCLT to seek refunds from Go First for cancelled tickets. “Since, we as an association cannot move (NCLT), we will provide all assistance to our members, if required,” said Ajay Prakash, President, TAFI and board member of Federation of Associations in […]Continue Reading
Aviation Top Stories

Go First seeks direction from NCLT on leased aircraft

By 1238
Crisis-hit Go First has sought various interim directions from the National Company Law Tribunal (NCLT), including restraining lessors from taking back aircraft and regulator DGCA from taking any adverse action against the airline. The Wadia group-owned airline, which has liabilities worth INR 11,463 crore, has sought voluntary insolvency resolution proceedings and the Continue Reading

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