Go First insolvency: NCLAT will pass verdict on aircraft lessors’ petitions today | Twitter
The National Company Law Appellate Tribunal (NCLAT) is set to announce its decision on Monday regarding petitions filed by three aircraft lessors against Go First’s voluntary insolvency resolution proceedings. This verdict will have significant implications for both Go First and its lessors.
The two-member bench, led by Chairperson Justice Ashok Bhushan, concluded the hearing and reserved its order. They requested the submission of any additional documents within 48 hours reported Mint.
During the proceedings, SMBC Aviation Capital Ltd, GY Aviation, and SFV Aircraft Holdings presented their cases. They have collectively leased around 21 aircraft…
Read the full article at: https://www.freepressjournal.in/business/go-first-insolvency-nclat-will-pass-verdict-on-aircraft-lessors-petitions-today