EaseMyTrip’s co-founder Nishant Pitti may be selling a stake in the travel aggregator, but he clearly is keen on buying the bankrupt GoFirst. Pitti-backed Busy Bee Airways has made a renewed push in the National Company Law Appellate Tribunal (NCLAT), pitching for a revised resolution plan for GoFirst. Busy Bee has challenged the liquidation of the airline.
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GoFirst had voluntarily submitted to IBC proceedings in 2023. The National Company Law Tribunal (NCLT) had admitted the company into insolvency and appointed a resolution professional (RP). Pitti-backed Busy Bee, along with SpiceJet Chairman Ajay Singh, made a joint bid for GoFirst. This bid was rejected by the RP in July of 2024.
Meanwhile, the Delhi High…
