Go First had declared insolvency on May 2 owing to a cash crunch and its application was admitted by the National Company Law Tribunal (NCLT) on May 10.
The tribunal had confirmed Abhilash Lal of Alvarez & Marsal as interim resolution professional.
The lenders, however, opted for a new resolution professional because Lal had been selected by the Go First management. They also selected a resolution process advisor and legal counsel for the committee. All the resolutions were approved with a hundred per cent vote, it is learnt.
Bu hikaye Business Standard dergisinin June 10, 2023 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin June 10, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Giriş Yap
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