Lenders of Go First on Friday told the Delhi High Court to implead the Committee of Creditors they formed for the airline’s debt resolution as a party in a batch of petitions filed by aircraft lessors, claiming it is the “ultimate decision-making authority”.
Lenders, led by Central Bank of India, argued that the lessors’ pleas seeking deregistration of their planes leased to the grounded airline pose a risk of lessors’ interests getting priority over those of lenders.
