Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
NCLAT upholds Go First liquidation but leaves open narrow window for revival
Update / Judgement Date
04 Apr 2025
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
The NCLAT upheld the liquidation order for Go First but left open a narrow window for potential revival. This decision indicates the tribunal's view on the airline's current financial state. However, the possibility of revival is not entirely ruled out. The NCLAT's stance reflects the complexities of the insolvency proceedings.