BusinessNews

“Lenders Vote to Liquidate Go First Airline After Low Bids Fail to Meet Expectations”

The committee of creditors (CoC) for the bankrupt airline Go First has unanimously opted for liquidation, following disappointing bids from potential resolution applicants. A senior executive from a private bank, which holds minimal exposure to the airline, confirmed that the voting process is complete, and the airline is expected to be recommended for liquidation shortly. The decision comes after…
Read more