Go First urges NCLT to pass order on its plea for voluntary insolvency resolution

Budget carrier Go First on Monday urged the National Company Law Tribunal (NCLT) to pass an order on its plea for voluntary insolvency resolution at the earliest.

The crisis-hit airline, which has cancelled all its flights till May 12, has sought an interim moratorium to prevent lessors from taking possession of its aircraft.

Senior advocate P. Nagesh along with Pranjal Kishore mentioned the matter in the morning before the principal bench of the tribunal headed by President Ramalingam Sudhakar.