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Wednesday, July 12, 2023

NCLT admits Go Airlines' plea to admit vendor Blue Mushroom Infozone under CIRP - Economic Times

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.

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NCLT admits Go Airlines' plea to admit vendor Blue Mushroom Infozone under CIRP - Economic Times
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