Tuesday, May 16, 2023

Live News Updates: Go First acknowledges #39;disproportionate liabilities#39;

Live News Updates: Go First acknowledges #39;disproportionate liabilities#39; Go First IRP tells NCLT that the airline has accumulated disproportionate liabilities due to grounding of aircraft. "As also evidenced from operational accounts, there is a very high probability that due to the substantial overdues, lessors and creditors who are guaranteed by SBLCs and BGs issued to them by the company, would invoke these," the statement read

from Moneycontrol Business News https://ift.tt/Kn2GaY7

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