News & Media 5th May 2023

Can GoFirst still be a going concern? Yes, no, maybe: Legal experts grope in the dark

Authors

Mukesh Chand Senior Counsel | Mumbai

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With Go First approaching the National Company Law Tribunal (NCLT) for initiating insolvency proceedings, and also a Delaware court seeking to enforce the arbitration award against Pratt & Whitney (P&W), the future of the airline may now be decided in the courts, which is a long-winding and arduous road. Legal experts offer differing opinions regarding the legal implications of moving the NCLT and the Delaware court.

Against this backdrop, Mukesh Chand, Senior Counsel, Economic Laws Practice (ELP) has been quoted in an article Can GoFirst still be a going concern? Yes, no, maybe: Legal experts grope in the dark  published by moneycontrol.com.

Read the detailed quote here: Click Here