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

Latest Thought Leadership

Articles 26th Jul 2024

GST Amnesty Scheme: A Positive Step Towards Reducing Litigation before the upcoming GST Tribunal

Alerts & Updates 26th Jul 2024

Guarantor Liability under IBC and Contract Act – Critical Gaps in the application of Principle of Subrogation

News & Media 26th Jul 2024

Judgement that will alter both federal and mineral tax landscape

News & Media 26th Jul 2024

Mineral merry for states: Centre does not have sole claim on royalties, says Supreme Court

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