HomeNationNCLT admits Go First insolvency plea, grants protection from recovery by lessors,...

NCLT admits Go First insolvency plea, grants protection from recovery by lessors, lenders

Twitter: @the_news_21

NCLT on Wednesday has granted relief to Go First after it admitted Go First’s pleas for voluntary insolvency and has granted the airline protection under moratorium from recovery by lessors and lenders.

It has also directed the Go First management to deposit Rs 5 crore with IRP to meet expenses.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Must Read

spot_img