NCLT admits Go Airlines’ plea to admit vendor Blue Mushroom Infozone under CIRP
By
, ET BureauLast Updated: Jul 13, 2023, 01:06 AM IST
Synopsis
A bankruptcy court has allowed Go Airlines (India) Ltd’s application to admit one of its vendors Blue Mushroom Infozone under the CIRP.
ReutersGo Airlines
A bankruptcy court has allowed Go Airlines (India) Ltd’s application to admit one of its vendors Blue Mushroom Infozone under the CIRP.
The tribunal has also appointed Dipti Amit Thite as the Interim Resolution Professional. The carrier had approached the Mumbai bench of NCLT in 2018 after its vendor defaulted on its dues of over ₹60 lakh.
“…successfully proved the debt and default in this case,” said the bench presided by judicial member Kuldip Kumar Kareer and technical member Shyam Babu Gautam.
(Catch all the Business News, Breaking News Events and Latest News Updates on The Economic Times.)
Download The Economic Times News App to get Daily Market Updates & Live Business News.
…moreless
Stories you might be interested in
>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : The Economic Times of India – https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/nclt-admits-go-airlines-plea-to-admit-vendor-blue-mushroom-infozone-under-cirp/articleshow/101708037.cms
