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GO FIRST NCLT
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...- 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...
- 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...
- 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...
- Flipkart puts IPO on ice; Rapido's $240 million raiseFlipkart has hit pause on its IPO in a jittery market. This and more in today's ETtech Top 5.
- Daryaganj announces the launch of its first Daryaganj Gold in IndiaDaryaganj Restaurants has opened Daryaganj Gold in Aerocity, New Delhi. This new outlet offers an enhanced dining experience with a larger ...
- Go First proposes new liquidator after objections from tribunalOn Thursday, the bankrupt airline Go First filed an application with the National Company Law Tribunal (NCLT) seeking approval for a new li...
- 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...
- After Naveen Jindal backtracks, Go First has nowhere to goNaveen Jindal group company Jindal Power, which had submitted an expression of interest for Go First, has decided not to submit a financial...
- New National Company Law Tribunal bench to hear Go First caseThe pleas by Go First aircraft and engine lessors will be heard by a new National Company Law Tribunal (NCLT) bench, as per the NCLT presid...
- 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 ...
- Go First extends flight cancellation till July 30On May 2, Go First cancelled its flights and filed for voluntary bankruptcy before the National Company Law Tribunal (NCLT), alleging delay...
- Singapore court tells Pratt & Whitney to supply engines to Go FirstGo First stopped flying and appealed for insolvency proceedings in the National Company Law Tribunal (NCLT) on May 2 due to cash problems a...
- Go First plans to restart flights from 24 MayThe airline has discussed the resumption plans with the government. The current management which will now be superseded by a court appointe...
- Go First lessors queue up to stitch deals with Air India, Vistara & IndiGoGo Airlines has filed a petition with the National Company Law Tribunal (NCLT) for voluntary insolvency. The court is expected to pass an o...
- Go First flight cancellations extended till May 12Through an earlier announcement, the Wadia-owned airline had suspended flights for May 3, 4 and 5 due to pending dues of oil marketing comp...
- Travel agents' body urge Go First to process ticket refunds using money in credit shellTAFI, which has more than 1,400 members, in a letter to Go First CEO Kaushik Khona said that thousands of tickets need to be cancelled due ...
- Lessors approach DGCA to repossess Go First aircraftCDB Aviation, SMBC Aviation Capital, Sonoran Aviation Company, have approached the regulator to deregister four Airbus A320 Neo aircraft of...
- 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...
- Go First flight suspension on May 3, 4 & 5: What impacted passengers should doGo First is unlikely to be back in full operation mode quickly. Unless it quickly gets a strategic investor onboard as per its original pla...
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