DelhiDesk Go First, a troubled airline, has requested an early decision on its voluntary insolvency resolution petition from the National Company Law Tribunal (NCLT). The lessors have started de-registering the airline’s aircraft, and more than 20 aircraft’s registration has been demanded to be canceled. The Wadia Group firm has approached the Directorate General of Civil Aviation (DGCA) after filing the petition. The NCLT has reserved its verdict on the matter and will consider Go First’s plea soon. The airline has suspended ticket sales until May 15.

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Here is the news bullets sorted by team.

๐Ÿ‘‰ Go First requested NCLT for early decision on voluntary insolvency resolution petition
๐Ÿ‘‰ Lessors have started de-registering airline’s aircraft
๐Ÿ‘‰ Tribunal had reserved verdict on May 4 after hearing plea
๐Ÿ‘‰ Senior advocate urged tribunal to decide plea soon
๐Ÿ‘‰ Tribunal to consider request of Go First
๐Ÿ‘‰ Lessors demand cancellation of registration of more than 20 aircraft
๐Ÿ‘‰ GoFirst approached DGCA after filing voluntary insolvency resolution petition
๐Ÿ‘‰ GoFirst has suspended ticket sales till May 15.

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