Go First CEO Kaushik Khona says NCLT order is landmark, historic

Go First CEO Kaushik Khona on Wednesday described the NCLT’s decision to admit the airline’s plea for voluntary insolvency resolution proceedings as a “landmark judgement” that is very timely and effective for its revival.

The National Company Law Tribunal (NCLT) has appointed Abhliash Lal as interim resolution professional (IRP) to run the debt-ridden company.

Besides, the tribunal has imposed a moratorium on the company and has suspended its board of directors.

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