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Lenders to India's Go First weigh liquidation after court order on planes, sources say

Lenders to India's Go First will meet later this week to discuss options for the bankrupt airline, including liquidation, after a court order allowed lessors of the aircraft to take back their...

Mumbai , Maharashtra , India , Baroda , Gujarat , Sonali-paul , Siddhi-nayak , Ajay-singh , Nishant-pitti , Jaideep-mirchandani , Bee-airways , Committee-of-creditors-co

Lenders to India's Go First weigh liquidation after court order on planes

Lenders to India's Go First weigh liquidation after court order on planes
moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.

India , Baroda , Gujarat , Ajay-singh , Nishant-pitti , Jaideep-mirchandani , Bee-airways , Central-bank , Spicejet , Reuters , Committee-of-creditors-co , Deutsche-bank

India's Go First lenders weigh liquidation after court allows lessors to take back planes

The airline owes a total of $780.88 million to its creditors, which include Central Bank of India, Bank of Baroda, IDBI Bank and Deutsche Bank.

India , Baroda , Gujarat , Jaideep-mirchandani , Ajay-singh , Nishant-pitti , Deutsche-bank , Bee-airways , Central-bank , Reuters , Spicejet , Committee-of-creditors-co

'No value left in the airline', say Go First bankers; lenders to discuss future course of action

Go First crisis: Go First owes a total of $780.88 million to its creditors that include Central Bank of India, Bank of Baroda, IDBI Bank and Deutsche Bank.

Baroda , Gujarat , India , Ajay-singh , Jaideep-mirchandani , Spicejet , Committee-of-creditors , Central-bank , Deutsche-bank , Bee-airways , Reuters , Sharjah-based-sky-one

GoFirst lenders to mull liquidation after chances of revival get thinner

Lenders to India's Go First will meet later this week to discuss options for the bankrupt airline, including liquidation, after a court order allowed lessors ......

Baroda , Gujarat , India , New-delhi , Delhi , Jaideep-mirchandani , Nishant-pitti , Ajay-singh , Committee-of-creditors-co , Spicejet , Deutsche-bank , Bee-airways

Go First lenders mull liquidation after recent court order on planes, say sources

Go First lenders mull liquidation after recent court order on planes, say sources
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

India , Dubai , Dubayy , United-arab-emirates , Sharjah , Ash-shariqah , Baroda , Gujarat , Ajay-singh , Jaideep-mirchandani , Nishant-pitti , Spicejet

Busy Bee Airways reviews legal decision before finalising Go First bid

Busy Bee Airways reviews legal decision before finalising Go First bid
travelbizmonitor.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from travelbizmonitor.com Daily Mail and Mail on Sunday newspapers.

Delhi , India , Nishant-pitti , Spicejet-ajay-singh , Bee-airways , Delhi-high-court , National-company-law-tribunal , Busy-bee-airways , Ajay-singh , Directorate-general , Civil-aviation ,

Big win for Go First lessors

The Delhi high court on Friday directed the civil aviation regulator to deregister planes leased to Go First within five working days, giving respite to the lessors.

This means that the airline will have to give back all 54 aircraft to the lessors if its resolution professional (RP) does not challenge the order or ask for a stay.

Justice Tara Vitasta Ganju also refused the request of the RP, represented by advocate Diwakar Maheshwari, to keep the operation of the order in abeyance for a week to enable them to file an appeal before the division Bench of the court.

India , Delhi , Justice-ganju , Nishant-pitti , Ajay-singh , Diwakar-maheshwari , Justice-tara-vitasta-ganju , Spicejet , Airport-authority-of-india , Ministry-of-corporate-affairs , Bee-airways , National-company-law-tribunal

Go First case: DGCA directed to process deregistration of leased planes

Go First stares at the risk of losing all 54 of its leased aircraft unless the company's resolution professional secures a stay within five working days.

Delhi , India , Ajay-singh , Justice-tara-vitasta-ganju , Ministry-of-corporate-affairs , Division-bench , Spicejet , High-court , Bee-airways , Delhi-high-court , Airport-authority-of-india , Nishant-pitti-busy-bee-airways

Delhi HC directs DGCA to process deregistration of leased aircraft to Go First

Delhi HC directs DGCA to process deregistration of leased aircraft to Go First
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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