The National Company Law Tribunal (NCLT) on Monday issued notices to the Committee of Creditors of Go First and insolvency regulator IBBI over a plea to refund Rs 597.54 crore to around 15.5 lakh passengers who booked tickets for travel on and after May 3.
The resolution professional (RP) of crisis-ridden Go First, which suspended operations on May 3, has approached the NCLT to seek permission for refunding money to passengers, some of whom booked flights till July 10.
Senior advocate Ramji Srinivasan representing RP said that this has been done as per the business plan to revive the grounded airline.
