Terms of the offer
The NCLT has ordered the liquidation of debt-ridden Go First after the grounded airline failed to secure a viable resolution plan. The Committee of Creditors filed for liquidation in Sept 2024, with judgment reserved in Dec. NCLT orders Go First's liquidation in absence of a viable resolution plan The airline owes approximately ₹ 6,200 crore to creditors, with significant claims from the Central Bank of India ... The future of low-cost airline Go First remains uncertain after it filed for bankruptcy on May 2, 2023. For customers who have booked tickets for travelling in the future and are wondering about the refund process, here's what we know so far. Cash-strapped airline Go First said on Tuesday that it ... The National Company Law Tribunal (NCLT) has ordered the liquidation of Go First, marking the end of 20 months of insolvency proceedings for the struggling budget airline. Go First, which filed ...
