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NCLT orders Go First liquidation, appoints Venkatasubramanian as liquidator

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NCLT orders Go First liquidation, appoints Venkatasubramanian as liquidator

This story was originally published at 11:19 IST on January 20, 2025  Back
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The Delhi bench of the National Company Law Tribunal on Monday ordered the liquidation of debt-ridden Go First airlines and appointed Dinkar Venkatasubramanian as its liquidator. Go First became the second airline to go into liquidation after Jet Airways (India) Ltd. On Nov. 7, the Supreme Court had ordered liquidation of the debt-ridden Jet Airways after UK's Kalrock Capital and United Arab Emirates-based entrepreneur Murari Lal Jalan failed to implement the resolution plan.

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