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Go First lenders may approach Wadias, delay resolution plan
The lenders of Go First are in discussions to extend the period for arriving at a Corporate Insolvency Resolution Plan (CIRP) by three to six months. As there are no outside bidders available for the troubled airline, the lenders are contemplating reaching out to the Wadias, who are the promoters of the company, to inquire if they have any plans for running it.
The lenders of Go First are in discussions to extend the period for arriving at a Corporate Insolvency Resolution Plan (CIRP) by three to six months. As there are no outside bidders available for the troubled airline, the lenders are contemplating reaching out to the Wadias, who are the promoters of the company, to inquire if they have any plans for running it. 
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