Tag NCLT

Airlines

India’s NCLT reverses plea Go First to start insolvency

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India’s National Company Law Tribunal (NCLT) reversed its order on Go First plea to begin insolvency resolution proceedings. This comes even as the airline extended its flight cancellations till May 9. India’s NCLT reverses plea Go First to start insolvency.…

Ashwini Phadnis
May 5, 2023

Airlines, Jet Airways

Consortium commits to funding and reviving Jet Airways

Jet Airways is ready to commence domestic operations, according to the Jalan Kalrock Consortium, the successful resolution applicant of Jet Airways. The Indian airline suspended operations in April 2019 after it ran out of funds. The Consortium has approached the…

Ajay Awtaney
December 22, 2021
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