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Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 20, 2024

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PreviousPrevious post:Personal insolvencies fall by 4% – Credit ConnectNextNext post:Small Business Restructuring Specialists – William Buck

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Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 19, 2024

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PreviousPrevious post:AFSA sharpens teeth as personal insolvency numbers rise – AccountantsDailyNextNext post:Law associations call for student debt relief as regional, rural lawyer shortage worsens – ABC News

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Aussie travel company AVG Travels collapses leaving holidaymakers in limbo: ‘Totally gutted’
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Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 19, 2024

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PreviousPrevious post:Adjudicating Authority Rejects Application For Initiating Personal Insolvency Resolution Process Due To… – Live Law – Indian Legal NewsNextNext post:Law associations call for student debt relief as regional, rural lawyer shortage worsens – ABC News

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May 27, 2026
Aussie travel company AVG Travels collapses leaving holidaymakers in limbo: ‘Totally gutted’
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Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 19, 2024

Post navigation

PreviousPrevious post:Personal insolvencies spike as business failures and economic strain take toll – SmartCompanyNextNext post:Law associations call for student debt relief as regional, rural lawyer shortage worsens – ABC News

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AVG Travels enters liquidation a week after customers report cancelled tours
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Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 19, 2024

Post navigation

PreviousPrevious post:Adjudicating Authority Rejects Application For Initiating Personal Insolvency Resolution Process Due To… – Live Law – Indian Legal NewsNextNext post:Law associations call for student debt relief as regional, rural lawyer shortage worsens – ABC News

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Aussie budget holiday firm AVG Travels collapses
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May 26, 2026
AVG Travels enters liquidation a week after customers report cancelled tours
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Janine Allis’ Boost Juice steps in to support four Gold Coast stores which shut amid franchise fallout
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Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 19, 2024

Post navigation

PreviousPrevious post:Adjudicating Authority Rejects Application For Initiating Personal Insolvency Resolution Process Due To… – Live Law – Indian Legal NewsNextNext post:Law associations call for student debt relief as regional, rural lawyer shortage worsens – ABC News

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Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 19, 2024

Post navigation

PreviousPrevious post:Personal insolvencies spike as business failures and economic strain take toll – SmartCompanyNextNext post:Law associations call for student debt relief as regional, rural lawyer shortage worsens – ABC News

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May 27, 2026
Aussie travel company AVG Travels collapses leaving holidaymakers in limbo: ‘Totally gutted’
May 27, 2026
Holidayers stranded as AVG Travels goes into liquidation
May 26, 2026
AVG Travels enters liquidation a week after customers report cancelled tours
May 26, 2026
Gold Coast travel brand Kooshy Kids collapses into liquidation
May 20, 2026
Janine Allis’ Boost Juice steps in to support four Gold Coast stores which shut amid franchise fallout
May 15, 2026

Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 19, 2024

Post navigation

PreviousPrevious post:Case note | Director's personal liability for insolvent trading – Lander & RogersNextNext post:Law associations call for student debt relief as regional, rural lawyer shortage worsens – ABC News

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Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 19, 2024

Post navigation

PreviousPrevious post:Case note | Director's personal liability for insolvent trading – Lander & RogersNextNext post:Law associations call for student debt relief as regional, rural lawyer shortage worsens – ABC News

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Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 19, 2024

Post navigation

PreviousPrevious post:Case note | Director's personal liability for insolvent trading – Lander & RogersNextNext post:Law associations call for student debt relief as regional, rural lawyer shortage worsens – ABC News

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Aussie budget holiday firm AVG Travels collapses
May 27, 2026
Aussie travel company AVG Travels collapses leaving holidaymakers in limbo: ‘Totally gutted’
May 27, 2026
Holidayers stranded as AVG Travels goes into liquidation
May 26, 2026
AVG Travels enters liquidation a week after customers report cancelled tours
May 26, 2026
Gold Coast travel brand Kooshy Kids collapses into liquidation
May 20, 2026
Janine Allis’ Boost Juice steps in to support four Gold Coast stores which shut amid franchise fallout
May 15, 2026

Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 18, 2024

Post navigation

PreviousPrevious post:Case note | Director's personal liability for insolvent trading – Lander & RogersNextNext post:Law associations call for student debt relief as regional, rural lawyer shortage worsens – ABC News

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Aussie budget holiday firm AVG Travels collapses
May 27, 2026
Aussie travel company AVG Travels collapses leaving holidaymakers in limbo: ‘Totally gutted’
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May 26, 2026
AVG Travels enters liquidation a week after customers report cancelled tours
May 26, 2026
Gold Coast travel brand Kooshy Kids collapses into liquidation
May 20, 2026
Janine Allis’ Boost Juice steps in to support four Gold Coast stores which shut amid franchise fallout
May 15, 2026

Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 18, 2024

Post navigation

PreviousPrevious post:Case note | Director's personal liability for insolvent trading – Lander & RogersNextNext post:Law associations call for student debt relief as regional, rural lawyer shortage worsens – ABC News

Related Posts

Aussie budget holiday firm AVG Travels collapses
May 27, 2026
Aussie travel company AVG Travels collapses leaving holidaymakers in limbo: ‘Totally gutted’
May 27, 2026
Holidayers stranded as AVG Travels goes into liquidation
May 26, 2026
AVG Travels enters liquidation a week after customers report cancelled tours
May 26, 2026
Gold Coast travel brand Kooshy Kids collapses into liquidation
May 20, 2026
Janine Allis’ Boost Juice steps in to support four Gold Coast stores which shut amid franchise fallout
May 15, 2026

Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 18, 2024

Post navigation

PreviousPrevious post:Case note | Director's personal liability for insolvent trading – Lander & RogersNextNext post:Law associations call for student debt relief as regional, rural lawyer shortage worsens – ABC News

Related Posts

Aussie budget holiday firm AVG Travels collapses
May 27, 2026
Aussie travel company AVG Travels collapses leaving holidaymakers in limbo: ‘Totally gutted’
May 27, 2026
Holidayers stranded as AVG Travels goes into liquidation
May 26, 2026
AVG Travels enters liquidation a week after customers report cancelled tours
May 26, 2026
Gold Coast travel brand Kooshy Kids collapses into liquidation
May 20, 2026
Janine Allis’ Boost Juice steps in to support four Gold Coast stores which shut amid franchise fallout
May 15, 2026

Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 18, 2024

Post navigation

PreviousPrevious post:Lessons for Insolvency Law from the Pandemic: Practice and Reform – Melbourne Law SchoolNextNext post:Law associations call for student debt relief as regional, rural lawyer shortage worsens – ABC News

Related Posts

Aussie budget holiday firm AVG Travels collapses
May 27, 2026
Aussie travel company AVG Travels collapses leaving holidaymakers in limbo: ‘Totally gutted’
May 27, 2026
Holidayers stranded as AVG Travels goes into liquidation
May 26, 2026
AVG Travels enters liquidation a week after customers report cancelled tours
May 26, 2026
Gold Coast travel brand Kooshy Kids collapses into liquidation
May 20, 2026
Janine Allis’ Boost Juice steps in to support four Gold Coast stores which shut amid franchise fallout
May 15, 2026

Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 18, 2024

Post navigation

PreviousPrevious post:Lessons for Insolvency Law from the Pandemic: Practice and Reform – Melbourne Law SchoolNextNext post:Law associations call for student debt relief as regional, rural lawyer shortage worsens – ABC News

Related Posts

Aussie budget holiday firm AVG Travels collapses
May 27, 2026
Aussie travel company AVG Travels collapses leaving holidaymakers in limbo: ‘Totally gutted’
May 27, 2026
Holidayers stranded as AVG Travels goes into liquidation
May 26, 2026
AVG Travels enters liquidation a week after customers report cancelled tours
May 26, 2026
Gold Coast travel brand Kooshy Kids collapses into liquidation
May 20, 2026
Janine Allis’ Boost Juice steps in to support four Gold Coast stores which shut amid franchise fallout
May 15, 2026

Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 18, 2024

Post navigation

PreviousPrevious post:Case note | Director's personal liability for insolvent trading – Lander & RogersNextNext post:Law associations call for student debt relief as regional, rural lawyer shortage worsens – ABC News

Related Posts

Aussie budget holiday firm AVG Travels collapses
May 27, 2026
Aussie travel company AVG Travels collapses leaving holidaymakers in limbo: ‘Totally gutted’
May 27, 2026
Holidayers stranded as AVG Travels goes into liquidation
May 26, 2026
AVG Travels enters liquidation a week after customers report cancelled tours
May 26, 2026
Gold Coast travel brand Kooshy Kids collapses into liquidation
May 20, 2026
Janine Allis’ Boost Juice steps in to support four Gold Coast stores which shut amid franchise fallout
May 15, 2026

Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 18, 2024

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Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 18, 2024

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Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 18, 2024

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PreviousPrevious post:AFSA sharpens teeth as personal insolvency numbers rise – AccountantsDailyNextNext post:Law associations call for student debt relief as regional, rural lawyer shortage worsens – ABC News

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Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 17, 2024

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Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 17, 2024

Post navigation

PreviousPrevious post:AFSA sharpens teeth as personal insolvency numbers rise – AccountantsDailyNextNext post:Law associations call for student debt relief as regional, rural lawyer shortage worsens – ABC News

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Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 17, 2024

Post navigation

PreviousPrevious post:AFSA sharpens teeth as personal insolvency numbers rise – AccountantsDailyNextNext post:Debt relief scheme could provide much-needed HELP for our regions – Law Society Journal

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Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 17, 2024

Post navigation

PreviousPrevious post:AFSA sharpens teeth as personal insolvency numbers rise – AccountantsDailyNextNext post:Debt relief scheme could provide much-needed HELP for our regions – Law Society Journal

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AVG Travels enters liquidation a week after customers report cancelled tours
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Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 17, 2024

Post navigation

PreviousPrevious post:AFSA sharpens teeth as personal insolvency numbers rise – AccountantsDailyNextNext post:Debt relief scheme could provide much-needed HELP for our regions – Law Society Journal

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Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 17, 2024

Post navigation

PreviousPrevious post:AFSA sharpens teeth as personal insolvency numbers rise – AccountantsDailyNextNext post:Debt relief scheme could provide much-needed HELP for our regions – Law Society Journal

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Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 17, 2024

Post navigation

PreviousPrevious post:AFSA sharpens teeth as personal insolvency numbers rise – AccountantsDailyNextNext post:Debt relief scheme could provide much-needed HELP for our regions – Law Society Journal

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Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 17, 2024

Post navigation

PreviousPrevious post:Understanding bankruptcy and its consequences in Australia – SBSNextNext post:Debt relief scheme could provide much-needed HELP for our regions – Law Society Journal

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Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 17, 2024

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PreviousPrevious post:AFSA sharpens teeth as personal insolvency numbers rise – AccountantsDailyNextNext post:Debt relief scheme could provide much-needed HELP for our regions – Law Society Journal

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Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 17, 2024

Post navigation

PreviousPrevious post:Understanding bankruptcy and its consequences in Australia – SBSNextNext post:Debt relief scheme could provide much-needed HELP for our regions – Law Society Journal

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Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 17, 2024

Post navigation

PreviousPrevious post:Understanding bankruptcy and its consequences in Australia – SBSNextNext post:Debt relief scheme could provide much-needed HELP for our regions – Law Society Journal

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Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 17, 2024

Post navigation

PreviousPrevious post:Understanding bankruptcy and its consequences in Australia – SBSNextNext post:Debt relief scheme could provide much-needed HELP for our regions – Law Society Journal

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Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: BankruptcyBy Insolvency Advisory AccountantsJune 17, 2024

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Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 17, 2024

Post navigation

PreviousPrevious post:Understanding bankruptcy and its consequences in Australia – SBSNextNext post:Debt relief scheme could provide much-needed HELP for our regions – Law Society Journal

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Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: BankruptcyBy Insolvency Advisory AccountantsJune 17, 2024

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Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 17, 2024

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Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: BankruptcyBy Insolvency Advisory AccountantsJune 17, 2024

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PreviousPrevious post:Pre-bankruptcy super transfers unprotected – SMS MagazineNextNext post:Montessori childcare chain Precious Cargo goes into voluntary administration after 18 years of trading – ABC News

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Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 17, 2024

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Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: BankruptcyBy Insolvency Advisory AccountantsJune 17, 2024

Post navigation

PreviousPrevious post:Sir Bradley Wiggins may have to yield medals over bankruptcy – The TimesNextNext post:Montessori childcare chain Precious Cargo goes into voluntary administration after 18 years of trading – ABC News

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Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 17, 2024

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Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: BankruptcyBy Insolvency Advisory AccountantsJune 17, 2024

Post navigation

PreviousPrevious post:To pay back gambling debt, Porter faked illness, injury twice – iGaming BusinessNextNext post:Montessori childcare chain Precious Cargo goes into voluntary administration after 18 years of trading – ABC News

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Case note | Director's personal liability for insolvent trading – Lander & Rogers
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Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 17, 2024

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Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: BankruptcyBy Insolvency Advisory AccountantsJune 17, 2024

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PreviousPrevious post:Leaving on a jet plane? Man tied to Porter betting scheme busted at JFK – iGaming BusinessNextNext post:Montessori childcare chain Precious Cargo goes into voluntary administration after 18 years of trading – ABC News

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Case note | Director's personal liability for insolvent trading – Lander & Rogers
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Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: BankruptcyBy Insolvency Advisory AccountantsJune 17, 2024

Post navigation

PreviousPrevious post:To pay back gambling debt, Porter faked illness, injury twice – iGaming BusinessNextNext post:Montessori childcare chain Precious Cargo goes into voluntary administration after 18 years of trading – ABC News

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July 17, 2024
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Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Law reform to lift stigma from bankruptcy, deliver fairer system – The Mandarin
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July 17, 2024

Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: BankruptcyBy Insolvency Advisory AccountantsJune 17, 2024

Post navigation

PreviousPrevious post:Sir Bradley Wiggins has “lost absolutely everything and doesn't have a penny” after bankruptcy, reveals lawyer – road.ccNextNext post:Montessori childcare chain Precious Cargo goes into voluntary administration after 18 years of trading – ABC News

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July 17, 2024
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Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Law reform to lift stigma from bankruptcy, deliver fairer system – The Mandarin
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How the new $20,000 personal bankruptcy threshold could affect SME directors – SmartCompany
July 17, 2024

Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: BankruptcyBy Insolvency Advisory AccountantsJune 17, 2024

Post navigation

PreviousPrevious post:Sir Bradley Wiggins has “lost absolutely everything and doesn't have a penny” after bankruptcy, reveals lawyer – road.ccNextNext post:Montessori childcare chain Precious Cargo goes into voluntary administration after 18 years of trading – ABC News

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Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
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July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
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July 17, 2024
How the new $20,000 personal bankruptcy threshold could affect SME directors – SmartCompany
July 17, 2024

Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 17, 2024

Post navigation

PreviousPrevious post:AFSA sharpens teeth as personal insolvency numbers rise – AccountantsDailyNextNext post:Debt relief scheme could provide much-needed HELP for our regions – Law Society Journal

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AVG Travels enters liquidation a week after customers report cancelled tours
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Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: BankruptcyBy Insolvency Advisory AccountantsJune 17, 2024

Post navigation

PreviousPrevious post:Sir Bradley Wiggins has “lost absolutely everything and doesn't have a penny” after bankruptcy, reveals lawyer – road.ccNextNext post:Montessori childcare chain Precious Cargo goes into voluntary administration after 18 years of trading – ABC News

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Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Law reform to lift stigma from bankruptcy, deliver fairer system – The Mandarin
July 17, 2024
How the new $20,000 personal bankruptcy threshold could affect SME directors – SmartCompany
July 17, 2024

Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 17, 2024

Post navigation

PreviousPrevious post:AFSA sharpens teeth as personal insolvency numbers rise – AccountantsDailyNextNext post:Debt relief scheme could provide much-needed HELP for our regions – Law Society Journal

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Aussie budget holiday firm AVG Travels collapses
May 27, 2026
Aussie travel company AVG Travels collapses leaving holidaymakers in limbo: ‘Totally gutted’
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May 26, 2026
AVG Travels enters liquidation a week after customers report cancelled tours
May 26, 2026
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May 20, 2026
Janine Allis’ Boost Juice steps in to support four Gold Coast stores which shut amid franchise fallout
May 15, 2026

Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: BankruptcyBy Insolvency Advisory AccountantsJune 17, 2024

Post navigation

PreviousPrevious post:Sir Bradley Wiggins has “lost absolutely everything and doesn't have a penny” after bankruptcy, reveals lawyer – road.ccNextNext post:Montessori childcare chain Precious Cargo goes into voluntary administration after 18 years of trading – ABC News

Related Posts

Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
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Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Law reform to lift stigma from bankruptcy, deliver fairer system – The Mandarin
July 17, 2024
How the new $20,000 personal bankruptcy threshold could affect SME directors – SmartCompany
July 17, 2024

Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 16, 2024

Post navigation

PreviousPrevious post:AFSA sharpens teeth as personal insolvency numbers rise – AccountantsDailyNextNext post:Debt relief scheme could provide much-needed HELP for our regions – Law Society Journal

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May 15, 2026

Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: BankruptcyBy Insolvency Advisory AccountantsJune 16, 2024

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PreviousPrevious post:Sir Bradley Wiggins has “lost absolutely everything and doesn't have a penny” after bankruptcy, reveals lawyer – road.ccNextNext post:Montessori childcare chain Precious Cargo goes into voluntary administration after 18 years of trading – ABC News

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Case note | Director's personal liability for insolvent trading – Lander & Rogers
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Law reform to lift stigma from bankruptcy, deliver fairer system – The Mandarin
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Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 16, 2024

Post navigation

PreviousPrevious post:AFSA sharpens teeth as personal insolvency numbers rise – AccountantsDailyNextNext post:Debt relief scheme could provide much-needed HELP for our regions – Law Society Journal

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Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 16, 2024

Post navigation

PreviousPrevious post:AFSA sharpens teeth as personal insolvency numbers rise – AccountantsDailyNextNext post:Debt relief scheme could provide much-needed HELP for our regions – Law Society Journal

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Aussie budget holiday firm AVG Travels collapses
May 27, 2026
Aussie travel company AVG Travels collapses leaving holidaymakers in limbo: ‘Totally gutted’
May 27, 2026
Holidayers stranded as AVG Travels goes into liquidation
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AVG Travels enters liquidation a week after customers report cancelled tours
May 26, 2026
Gold Coast travel brand Kooshy Kids collapses into liquidation
May 20, 2026
Janine Allis’ Boost Juice steps in to support four Gold Coast stores which shut amid franchise fallout
May 15, 2026

Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: BankruptcyBy Insolvency Advisory AccountantsJune 16, 2024

Post navigation

PreviousPrevious post:Pre-bankruptcy super transfers unprotected – SMS MagazineNextNext post:Montessori childcare chain Precious Cargo goes into voluntary administration after 18 years of trading – ABC News

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July 17, 2024
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July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Law reform to lift stigma from bankruptcy, deliver fairer system – The Mandarin
July 17, 2024
How the new $20,000 personal bankruptcy threshold could affect SME directors – SmartCompany
July 17, 2024

Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: BankruptcyBy Insolvency Advisory AccountantsJune 16, 2024

Post navigation

PreviousPrevious post:Pre-bankruptcy super transfers unprotected – SMS MagazineNextNext post:Montessori childcare chain Precious Cargo goes into voluntary administration after 18 years of trading – ABC News

Related Posts

Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Law reform to lift stigma from bankruptcy, deliver fairer system – The Mandarin
July 17, 2024
How the new $20,000 personal bankruptcy threshold could affect SME directors – SmartCompany
July 17, 2024

Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 16, 2024

Post navigation

PreviousPrevious post:AFSA sharpens teeth as personal insolvency numbers rise – AccountantsDailyNextNext post:Debt relief scheme could provide much-needed HELP for our regions – Law Society Journal

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May 27, 2026
Aussie travel company AVG Travels collapses leaving holidaymakers in limbo: ‘Totally gutted’
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May 26, 2026
AVG Travels enters liquidation a week after customers report cancelled tours
May 26, 2026
Gold Coast travel brand Kooshy Kids collapses into liquidation
May 20, 2026
Janine Allis’ Boost Juice steps in to support four Gold Coast stores which shut amid franchise fallout
May 15, 2026

Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 16, 2024

Post navigation

PreviousPrevious post:AFSA sharpens teeth as personal insolvency numbers rise – AccountantsDailyNextNext post:Debt relief scheme could provide much-needed HELP for our regions – Law Society Journal

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Aussie budget holiday firm AVG Travels collapses
May 27, 2026
Aussie travel company AVG Travels collapses leaving holidaymakers in limbo: ‘Totally gutted’
May 27, 2026
Holidayers stranded as AVG Travels goes into liquidation
May 26, 2026
AVG Travels enters liquidation a week after customers report cancelled tours
May 26, 2026
Gold Coast travel brand Kooshy Kids collapses into liquidation
May 20, 2026
Janine Allis’ Boost Juice steps in to support four Gold Coast stores which shut amid franchise fallout
May 15, 2026

Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: BankruptcyBy Insolvency Advisory AccountantsJune 16, 2024

Post navigation

PreviousPrevious post:Pre-bankruptcy super transfers unprotected – SMS MagazineNextNext post:Montessori childcare chain Precious Cargo goes into voluntary administration after 18 years of trading – ABC News

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July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Law reform to lift stigma from bankruptcy, deliver fairer system – The Mandarin
July 17, 2024
How the new $20,000 personal bankruptcy threshold could affect SME directors – SmartCompany
July 17, 2024

Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 16, 2024

Post navigation

PreviousPrevious post:AFSA sharpens teeth as personal insolvency numbers rise – AccountantsDailyNextNext post:Debt relief scheme could provide much-needed HELP for our regions – Law Society Journal

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May 20, 2026
Janine Allis’ Boost Juice steps in to support four Gold Coast stores which shut amid franchise fallout
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Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: BankruptcyBy Insolvency Advisory AccountantsJune 16, 2024

Post navigation

PreviousPrevious post:Pre-bankruptcy super transfers unprotected – SMS MagazineNextNext post:Montessori childcare chain Precious Cargo goes into voluntary administration after 18 years of trading – ABC News

Related Posts

Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
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July 17, 2024
Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Law reform to lift stigma from bankruptcy, deliver fairer system – The Mandarin
July 17, 2024
How the new $20,000 personal bankruptcy threshold could affect SME directors – SmartCompany
July 17, 2024

Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 16, 2024

Post navigation

PreviousPrevious post:AFSA sharpens teeth as personal insolvency numbers rise – AccountantsDailyNextNext post:Debt relief scheme could provide much-needed HELP for our regions – Law Society Journal

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Aussie budget holiday firm AVG Travels collapses
May 27, 2026
Aussie travel company AVG Travels collapses leaving holidaymakers in limbo: ‘Totally gutted’
May 27, 2026
Holidayers stranded as AVG Travels goes into liquidation
May 26, 2026
AVG Travels enters liquidation a week after customers report cancelled tours
May 26, 2026
Gold Coast travel brand Kooshy Kids collapses into liquidation
May 20, 2026
Janine Allis’ Boost Juice steps in to support four Gold Coast stores which shut amid franchise fallout
May 15, 2026

Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: BankruptcyBy Insolvency Advisory AccountantsJune 16, 2024

Post navigation

PreviousPrevious post:Pre-bankruptcy super transfers unprotected – SMS MagazineNextNext post:Montessori childcare chain Precious Cargo goes into voluntary administration after 18 years of trading – ABC News

Related Posts

Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Law reform to lift stigma from bankruptcy, deliver fairer system – The Mandarin
July 17, 2024
How the new $20,000 personal bankruptcy threshold could affect SME directors – SmartCompany
July 17, 2024

Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 16, 2024

Post navigation

PreviousPrevious post:AFSA sharpens teeth as personal insolvency numbers rise – AccountantsDailyNextNext post:Debt relief scheme could provide much-needed HELP for our regions – Law Society Journal

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Aussie budget holiday firm AVG Travels collapses
May 27, 2026
Aussie travel company AVG Travels collapses leaving holidaymakers in limbo: ‘Totally gutted’
May 27, 2026
Holidayers stranded as AVG Travels goes into liquidation
May 26, 2026
AVG Travels enters liquidation a week after customers report cancelled tours
May 26, 2026
Gold Coast travel brand Kooshy Kids collapses into liquidation
May 20, 2026
Janine Allis’ Boost Juice steps in to support four Gold Coast stores which shut amid franchise fallout
May 15, 2026

Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: BankruptcyBy Insolvency Advisory AccountantsJune 16, 2024

Post navigation

PreviousPrevious post:Sir Bradley Wiggins has “lost absolutely everything and doesn't have a penny” after bankruptcy, reveals lawyer – road.ccNextNext post:Montessori childcare chain Precious Cargo goes into voluntary administration after 18 years of trading – ABC News

Related Posts

Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Law reform to lift stigma from bankruptcy, deliver fairer system – The Mandarin
July 17, 2024
How the new $20,000 personal bankruptcy threshold could affect SME directors – SmartCompany
July 17, 2024

Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 16, 2024

Post navigation

PreviousPrevious post:AFSA sharpens teeth as personal insolvency numbers rise – AccountantsDailyNextNext post:Debt relief scheme could provide much-needed HELP for our regions – Law Society Journal

Related Posts

Aussie budget holiday firm AVG Travels collapses
May 27, 2026
Aussie travel company AVG Travels collapses leaving holidaymakers in limbo: ‘Totally gutted’
May 27, 2026
Holidayers stranded as AVG Travels goes into liquidation
May 26, 2026
AVG Travels enters liquidation a week after customers report cancelled tours
May 26, 2026
Gold Coast travel brand Kooshy Kids collapses into liquidation
May 20, 2026
Janine Allis’ Boost Juice steps in to support four Gold Coast stores which shut amid franchise fallout
May 15, 2026

Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: BankruptcyBy Insolvency Advisory AccountantsJune 16, 2024

Post navigation

PreviousPrevious post:Understanding bankruptcy and its consequences in Australia – SBSNextNext post:Montessori childcare chain Precious Cargo goes into voluntary administration after 18 years of trading – ABC News

Related Posts

Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Law reform to lift stigma from bankruptcy, deliver fairer system – The Mandarin
July 17, 2024
How the new $20,000 personal bankruptcy threshold could affect SME directors – SmartCompany
July 17, 2024

Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: LiquidationBy Insolvency Advisory AccountantsJune 16, 2024

Post navigation

PreviousPrevious post:AFSA sharpens teeth as personal insolvency numbers rise – AccountantsDailyNextNext post:Debt relief scheme could provide much-needed HELP for our regions – Law Society Journal

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Aussie budget holiday firm AVG Travels collapses
May 27, 2026
Aussie travel company AVG Travels collapses leaving holidaymakers in limbo: ‘Totally gutted’
May 27, 2026
Holidayers stranded as AVG Travels goes into liquidation
May 26, 2026
AVG Travels enters liquidation a week after customers report cancelled tours
May 26, 2026
Gold Coast travel brand Kooshy Kids collapses into liquidation
May 20, 2026
Janine Allis’ Boost Juice steps in to support four Gold Coast stores which shut amid franchise fallout
May 15, 2026

Explained | What's keeping the Go First insolvency saga boiling? – Deccan Herald

Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here.

How long has the Go First insolvency process been going on?

NCLT admitted Go Firsts insolvency plea last year on May 10. But more than a year later, the case is still nowhere near resolution. The airline was granted its first extension on November 23, when the 180-day timeline for completing the Corporate Insolvency Resolution Process (CIRP) expired. The second extension happened on February 13 this year when April 4 was set as the deadline. The thi…

Read the full article at: https://www.deccanherald.com/business/companies/explained-whats-keeping-the-go-first-insolvency-saga-boiling-3068969

Category: BankruptcyBy Insolvency Advisory AccountantsJune 16, 2024

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