NCLT ruling on Go First application to refund passengers will bring clarity, say lawyers!

Agama Law Associates partner Archana Balasubramanian shares her views on how can the GoAir Airlines case be perceived within India’s IBC law framework, in this story titled: “NCLT ruling on Go First application to refund passengers will bring clarity, say lawyers” by moneycontrol.com.

Go First Insolvency

“This is a plea that doesn’t seem to be within the four corners of the IBC code. It is, in essence, a pleading to keep the airline in business, making sure that it doesn’t leave behind disgruntled passengers. It would be interesting to see what legal provisions the NCLT would apply to grant such a right, if at all it does,” notes Archana Balasubramanian, partner, Agama Law Associates.