News > Go First insolvency: NCLAT to pass order on aircraft lessors' petitions on May 22
Go First insolvency: NCLAT to pass order on aircraft lessors' petitions on May 22
15/05/2023 10:57 PM | Click to read full article
The NCLAT will pass its order on May 22 on petitions filed by three aircraft lessors against Go First's voluntary insolvency resolution proceedings. Hearing petitions filed by SMBC Aviation Capital Ltd, GY Aviation and SFV Aircraft Holdings, a two-member bench headed by Chairperson Justice Ashok Bhushan reserved its order after completing the hearing on the three petitions and asked the parties to submit additional documents, if any, in the next 48 hours.