Payment of refunds to Passengers of Go Airlines whose Airline Tickets have been cancelled, NCLT issues notice to IBBI – Go Airlines (India) Ltd. – NCLT New Delhi Bench Court-V

I. Case Reference

Case Citation : (2023) 415 NCLT
Case Name : Go Airlines (India) Ltd.
Corporate Debtor : Go Airlines (India) Ltd.
Application/Appeal No. : New IA/3942/2023 in (IB)-264(PB)/2023
Judgment Date : 31-Jul-23
Court/Bench : NCLT New Delhi Bench Court-V
Member (Judicial) : Shri Mahendra Khandelwal 
Member (Technical) : Shri Rahul Prasad Bhatnagar

II. Full text of the judgment

New IA/3942/2023:-

This is an application filed under Section 60(5) of the IBC, 2016 seeking permission to make payments of refunds to the passengers of Corporate Debtor whose airline tickets have been cancelled. Heard the submissions made by Ld. Counsel for the Resolution Professional. Issue notice to the Respondent IBBI and also to the CoC for filing their response and appearance. In the meantime, Resolution Professional may take up the matter with CoC on the issue.

List the matter on 07.08.2023.

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