TBM Staff - Mumbai
The National Company Law Tribunal (NCLT) on Monday deferred its hearing in Go First’s insolvency case to July 11, leaving the lessors stranded. The NCLT indicated that it needed more time to study the Delhi
TBM Staff - Mumbai
In a recent development, the Delhi High Court (HC) has raised concerns over Go First's Resolution Professional (RP) for their alleged failure to maintain aircraft as per records. The court has given the RP until
TBM Staff - Mumbai
The National Company Law Tribunal (NCLT) has granted a 60-day extension to the Corporate Insolvency Resolution Process (CIRP) of grounded airline Go First. The extension comes after three parties expressed interest in taking over the
TBM Staff - Mumbai
Crisis-hit Go First has reportedly floated a company to liaise with the leasing companies. The company was floated in December and is being led by Sachin Naik, a former employee in Go First’s finance department.
TBM Staff - Mumbai
SpiceJet on Tuesday said it has expressed interest to acquire Go First and plans to submit its offer after carrying out due diligence of the bankrupt carrier. Go First, which stopped flying since May 3
TBM Staff - Mumbai
In a noteworthy development, the global aviation watchdog, Aviation Working Group (AWG), has downgraded India's status from "positive" to "negative." This downgrade comes in the wake of the ongoing insolvency struggles faced by Go First,
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