Sunday, June 11, 2023
Lenders replace Go First’s key bankruptcy officials
Lenders replace Go First’s key bankruptcy officials https://ift.tt/5N8DiXR committee of creditors replaced the company-appointed interim resolution professional, process advisor and legal agency to show their intent of controlling the country's biggest voluntary bankruptcy-protection case since the Insolvency and Bankruptcy Code came into force. The CoC will file for more changes before the NCLT by Tuesday, including replacing Alvarez & Marsal as the process advisor with EY, along with the legal team. The CoC wants to avoid conflict of interests.
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