Settlement talks between Delhivery and GoFirst fail

The settlement talks between Delhivery and Go First have failed, the counsels for both parties informed the National Company Law Tribunal on Thursday.

Go First’s resolution professional at the last hearing claimed they were trying to settle the matter with Delhivery. The logistics provider had filed an application claiming that the voluntary insolvency petition filed by the beleaguered airline on May 2 was “malicious and fraudulent”.