NCLT gives nod to a 90-day extension for completion of the Go First insolvency process

National Company Law Tribunal, Thursday, allowed Go First’s resolution professional’s appeal to extend the resolution timeline by 90 days till February 4, 2024.

The Committee of Creditors, comprising three members: Central Bank of India, Bank of Baroda and IDBI Bank, passed a resolution on October 17 to extend the resolution process by 90 days.