In a note posted on Twitter on Friday, the airline said, "We regret to inform that due to operational reasons, Go First flights scheduled till May 28, 2023, have been cancelled. We apologise for the convenience caused by the flight cancellations."
The National Company Law Appellate Tribunal (NCLAT) on Monday upheld the National Company Law Tribunal (NCLT) order which had admitted Go First Airlines' voluntary plea for insolvency
NCLAT on Friday deferred the matter pertaining to Go First lessors' petition seeking a stay on a bankruptcy court order allowing voluntary insolvency of the low-cost airline to Monday.
On Wednesday, the NCLT admitted Go First's plea for voluntary insolvency and admitted for the initiation of Corporate Insolvency Resolution Process (CIRP) proceedings. NCLT has granted Go First protection under a moratorium from recovery by lessors and lenders.
Go First CEO Kaushik Khona met DGCA officials right after the National Company Law Tribunal (NCLT) in its judgement on Wednesday admitted the plea of Go First Airlines for insolvency proceedings.
Go First Chief Executive Officer Kaushik Khona said after NCLT decision, "This is a historic ruling as an application of insolvency has been admitted so fast. The order prevents a viable airline from becoming an unviable one. The purpose of IBC has always been revival."
As the National Company Law Tribunal (NCLT) issued notice to SpiceJet on a plea filed by Irish aircraft lessor Aircastle, the budget carrier on Monday said the NCLT notice was issued in a normal course and there was no adverse ruling against the airline.
The National Company Law Tribunal (NCLT) on Monday issued notice to low-cost airline Go First on a petition filed by a pilot regarding his dues, as the beleaguered carrier seeks an early decision on its voluntary insolvency resolution plea.
Mumbai (Maharashtra) [India], January 19 (ANI/BusinessWire India): The National Company Law Tribunal ("NCLT") has on 9th January 2023 approved the resolution plan submitted by Adani Goodhomes Pvt. Ltd. for the takeover of Radius Estates & Developers Pvt. Ltd, viz. the special purpose veh
The National Company Law Tribunal (NCLT) has given the consortium six months from the effective date to pay dues to various creditors and has set November 16, 2022, as an effective date.
Ahmedabad (Gujarat) [India], October 10 (ANI): Adani Ports and Special Economic Zone Ltd, India's largest ports and logistics company, on Monday, said it has received approvals from the National Company Law Tribunal (NCLT) for acquiring the remaining 58.1 per cent stake in Gangavaram Port Li