NCLAT Upholds NCLT Order, Rejects Insolvency Plea Against Voltas
A two-member NCLAT bench upheld the order of NCLT, which earlier rejected the petition on the grounds of a pre-existing dispute
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Go First Airways Files For Insolvency Proceedings, Suspends Flights: Report
- by BW Retail World Bureau
- May 2, 2023
Cash-strapped Indian airline Go First Airways has suspended its flights for 3-4 May, and filed for insolvency resolution proceedings in the National Company Law Tribunal, local media reported on Tuesday. Go First is suspending flights due to a severe funding crunch, the news agency said in a report, citing the airline’s Chief Executive Kaushik Khona. […]