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NCLT admits Go First’ plea to initiate insolvency resolution, orders no sacking of employees

Shortpedia
Content Team
Image Credit: livemint

The National Company Law Tribunal (NCLT) on Wednesday admitted Go First's voluntary plea to initiate the insolvency resolution process against the airline. A two-member bench comprising President Justice Ramalingam Sudhakar and L N Gupta also appointed Abhliash Lal as interim resolution professional (IRP) to run the debt-ridden company.


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