go first

go first: Go First creditors to take possession of pledged land parcel

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Mumbai: Lenders to Go First have moved to enforce their rights to a 94-acre land parcel that was kept as collateral against loans taken by the bankrupt airline, even as they have sought more time from the National Company Law Tribunal to complete the resolution process. The lenders last week took symbolic possession of the … Read more

Go First lenders can check out new offers

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The resolution professional (RP) overseeing bankrupt Go First Airlines has extended the voting deadline for lenders to allow them to decide whether they want to weigh the latest expressions of interest from SpiceJet and two other investors after some creditors sought more time to arrive at a decision, three people familiar with the process said. … Read more