As GoFirst teeters on the brink of liquidation, a glimmer of hope emerges with EaseMyTrip co-founder Nishant Pitti. His company, Busy Bee, has informed the National Company Law Appellate Tribunal (NCLAT) that it is in discussions with lenders to rescue the struggling airline.
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The NCLAT is hearing a plea by Pitti backed BusyBee challenging the National Company Law Tribunal (NCLT) order directing for liquidation of the airline.
The counsel for BusyBee today informed the NCLAT that they’ve had a meeting with the lenders. They also updated that a written proposal was shared with the lenders. They submitted that the lenders have sought further meeting in the course of this week.
Based on these submissions, the…
