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GO FIRST BANKRUPTCY
ET Prime Special Series: Multibagger or IBC - Part 62: This quiet auto ancillary now earns in 3 months what it once earned in a year- Year 2008. Elon Musk was almost broke, facing divorce, close to a nervous breakdown. How just 3 days around Christmas changed his life and SpaceX fortunes forever
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- Remember GoPro, the king of action cameras? The once-$11 billion giant is now fighting just to stay aliveGoPro bankruptcy risk: Once an $11 billion market cap giant, GoPro now faces an uncertain future. Its auditor raised "substantial doubt" ab...03 Jun, 2026, 08.10 PM IST
- Fix the ABC of IBC: Why we should re-engineer the bankruptcy code furtherThe recent litigation around Jaypee has once again unleashed a raging debate over arbitrary decision-making by financial creditors, lack of...27 May, 2026, 11.28 PM IST
- Jaypee Golf Club members in Noida seek clarity as Adani takeover of JAL nearsJaypee Golf Club members face uncertainty as Jaiprakash Associates' insolvency nears conclusion. Members demand clarity from the Resolution...25 May, 2026, 11.40 AM IST
- Venugopal Dhoot moves SC against order upholding separate insolvency for Videocon Industries Ltd and VOVLVideocon founder Venugopal Dhoot has approached the Supreme Court. He is challenging a recent appellate tribunal order. This order allows s...21 May, 2026, 09.08 PM IST
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- Red Lobster Tallahassee closure: Is America’s oldest Red Lobster shutting down forever? Tallahassee’s iconic 56-year restaurant closes May 24 — final chance for Cheddar Bay BiscuitsRed Lobster restaurant 2026 closing list near me: After 56 years of service, Red Lobster's longest-running U.S. location shuts its doors th...19 May, 2026, 08.55 PM IST
- NCLAT upholds separate insolvency processes for Videocon Industries and Videocon Oil VenturesThe NCLAT has upheld separate insolvency proceedings for Videocon Industries Ltd (VIL) and Videocon Oil Ventures Ltd (VOVL), overturning an...17 May, 2026, 02.51 PM IST
- Warren Buffett's framework for finding businesses to invest : The ‘Shiftless Nephew test’Warren Buffett once revealed a brutally simple test for separating great businesses from merely good ones: Could you put a lazy, not-too-sm...15 May, 2026, 06.56 AM IST
- US Government Spirit Airlines Rescue Plan — 5 key points travellers must know after Spirit Airlines shutdownSpirit Airlines has shut down operations. This marks the first airline collapse linked to the Iran war, following a surge in jet fuel price...02 May, 2026, 07.50 PM IST
- Why did Spirit Airlines fail? Is this the first economic shock of the Iran war— or a missed bailout moment under Trump? The true cost of flying cheap in AmericaWhy did Spirit Airlines fail? First major casualty of the 2026 Iran war fuel shock. The collapse of Spirit Airlines today, May 2, 2026, isn...02 May, 2026, 04.50 PM IST
- Delhi HC allows lessors' plea seeking deregistration of all 54 Go First aircraft, restrains carrier from flying themThe Delhi High Court grants lessors' request to deregister Go First's 54 aircraft, restricting the airline from operating them and ordering...26 Apr, 2024, 05.10 PM IST
- No saviour flies in for Go First, airline may fly into liquidation"There are only two options, either liquidation or extend the resolution timeline in the hope of finding a buyer. Lenders are inclined towa...23 Nov, 2023, 12.23 AM IST
- Go First's engine lessors tell NCLT moratorium doesn’t apply; RP claims leases terminated post insolvency filingGo First's engine lessors have argued in the National Company Law Tribunal that their assets should not be covered under the moratorium as ...12 Sep, 2023, 04.05 PM IST
- NCLT tells Go First Airlines there is no scope for interim moratoriumThe Delhi National Company Law Tribunal has stated that there is no provision for an interim moratorium under the Insolvency and Bankruptcy...04 May, 2023, 12.18 PM IST
- Go First Bankruptcy: Airfare may rise on leisure routesData provided by aviation analytics firm Cirium shows that Go First had high frequency on leisure destinations like Srinagar, Leh and Goa. ...04 May, 2023, 01.06 AM IST
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