New Delhi: The Committee of Creditors (CoC) of the bankrupt airline Go First has voted to appoint Dinkar Venkatasubramanian as the liquidator for the airline’s liquidation proceedings.
The resolution professional counsel submitted the CoC’s recommendation to the National Company Law Tribunal (NCLT) for approval on Thursday.
However, the NCLT did not pass the approval order on Thursday and deferred the decision, scheduling the next hearing for 6 December. It is expected that the tribunal will pass the liquidation order and may approve the CoC’s proposed liquidator at that time.
Venkatasubramanian is a Chartered Accountant and is registered as an Insolvency Professional with the Insolvency & Bankruptcy Board of India. He is a partner…
