NCLT to hear crisis hit Go First’s insolvency plea on May 4
The National Company Law Tribunal Tribunal (NCLT) on Thursday will hear cash-strapped air carrier Go First’s voluntary insolvency resolution plea.
The petition for initiation of voluntary insolvency resolution proceedings was mentioned before the Delhi-bench headed by President Justice Ramalingam Sudhakar.
The bench has agreed to an urgent hearing and directed to list the matter on Thursday for hearing.
The Wadia group-owned carrier has moved the National Company Law Tribunal (NCLT), Delhi, seeking voluntary insolvency resolution proceedings.
