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It will be in the fitness of things that the CoC and the DGCA adopt a proactive approach; consider wresting the initiative from the RP as lenders have more at stake than other stakeholders with the risk of losing Rs 6,521 crore lent to the beleaguered airline
A moratorium (stay) is imposed on all the legal proceedings (pending or future) by virtue of Section 14 of Insolvency and Bankruptcy Code 2016 ( IBC), when Corporate Insolvency Resolution Process (...
The court refused the plea, saying the Delhi High Court hearing was at an advanced stage. The move is a blow to the cash-strapped airline's efforts to resume operations
The Supreme Court on Monday refused to entertain the appeal filed by the Resolution Professional of Go Airlines India Ltd against the Delhi High Court order which had permitted various lessors to...
Go First's RP filed an appeal against the Delhi High Court division bench's order on August 2.