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Aviation
NCLT defers hearing on Go First to July 11, leaves lessors stranded

NCLT defers hearing on Go First to July 11, leaves lessors stranded

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

Aviation
Delhi HC warns Go First’s Resolution Professional over aircraft maintenance, contempt plea looms

Delhi HC warns Go First’s Resolution Professional over aircraft maintenance, contempt plea looms

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

Top Stories
Go First Insolvency Resolution Extended by NCLT

Go First Insolvency Resolution Extended by NCLT

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

Aviation
Go First forms company with former employees to liaise with leasing firms: Report

Go First forms company with former employees to liaise with leasing firms: Report

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.

Aviation

SpiceJet shows interest in buying bankrupt Go First

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

Interviews
Aviation Working Group downgrades India’s status to negative with Go First’s insolvency

Aviation Working Group downgrades India’s status to negative with Go First’s insolvency

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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