Hellen Faulkar

Go First has already suspended the sale of tickets till May 15. New Delhi: The National Company Law Tribunal (NCLT) on Wednesday admitted Go First’s voluntary plea to initiate the insolvency resolution process against the airline. A two-member bench comprising President Justice Ramalingam Sudhakar and L N Gupta also appointed Abhliash Lal as interim resolution

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NEW DELHI: The National Company Law Tribunal (NCLT) on Wednesday granted bankruptcy protection to Go Airlines (India) Ltd, a move that will help the country’s fourth-largest carrier attempt to revive itself but complicate foreign lessors’ efforts to repossess their planes.The low-cost carrier, recently rebranded as Go First, has said its financial crisis was sparked by

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