<h1>NCLT Orders Liquidation of Go First Airlines After Failed Insolvency Resolution Attempts; Creditors' Decision Upheld.</h1> The National Company Law Tribunal (NCLT) has ordered the liquidation of Go First, a budget airline that ceased operations nearly three years ago due to financial difficulties. The airline, previously known as Go Air, filed for voluntary insolvency in May 2023. The Committee of Creditors unanimously decided on liquidation, which the NCLT upheld, citing no grounds to challenge their commercial judgment. Despite attempts to resolve the insolvency with bidders like Busy Bee Airways and Sky One, the process failed. The airline, which began operations in 2005, reported significant financial losses before its closure.