Go First asks NCLT to urgently pass order on plea seeking moratorium | Mint

 

Cash-strapped Go First on Monday requested urgent action from the National Company Law Tribunal (NCLT) on its insolvency plea, citing lessors' efforts to take back planes, according to a court hearing, a Reuters report cited

 The airline filed for bankruptcy last week, citing issues with Pratt & Whitney engines that grounded half its fleet. On Monday, Go First lawyers told the tribunal to urgently pass an order on the airline's insolvency plea, saying its lessors had moved to repossess the planes even as bankruptcy proceedings were ongoing.

Meanwhile, the engine maker Pratt & Whitney told a New Delhi arbitrator hearing its dispute with Go Air that the Wadia Group owned airline’s claim of defective engines causing its demise was “astounding" and without evidence. Go failed because of “its own poor management and events like Covid", Pratt said, according to legal documents.

NCLT reserved its order on Go First crisis last week

Go First approached the tribunal on May 2 and in its petition, it sought directions to restrain aircraft lessors from taking any recovery action as well as restrain aviation watchdog DGCA and suppliers of essential goods and services from initiating adverse actions.

Another request is that the Directorate General of Civil Aviation (DGCA), Airports Authority of India (AAI) and private airport operators should not cancel any departure and parking slots allotted to the company.

The airline also wants fuel suppliers to continue supply for aircraft operations and not terminate the present contractual arrangements.

The NCLT heard the airline's plea on Thursday and has reserved its order.

Go First's total debt to financial creditors was reported as ₹65.21 billion ($798 million) as of April 28 in its bankruptcy filing with the NCLT. 

We can save the airline if…: CEO Kaushik Khona

Meanwhile, Chief Executive Officer Kaushik Khona said on Saturday that the airline, controlled by billionaire Nusli Wadia’s group, has enough funds to sustain operations on a cash-and-carry model for about 10 days. 

“We will hundred percent be able to save the airline" if the court starts the insolvency resolution process “immediately," said Khona. “All our stakeholders, including oil suppliers, service providers are aligned to the fact that we have been continuously cooperating and transparent with them."

Currently, Go First has over 7,000 employees and 10,000 indirect employees, who will be impacted if the airline's operations are grounded.

(With inputs from agencies)

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Cyclone Mocha: Low-pressure area likely to form over Bay of Bengal today

 

A low-pressure area is likely to form on Monday under the influence of a cyclonic circulation that lies over the southeast Bay of Bengal and adjoining south Andaman Sea, the Met department said.
A low-pressure area is likely to form on Monday under the influence of a cyclonic circulation that lies over the southeast Bay of Bengal and adjoining south Andaman Sea(PTI)
A low-pressure area is likely to form on Monday under the influence of a cyclonic circulation that lies over the southeast Bay of Bengal and adjoining south Andaman Sea(PTI)

Fishermen and small ship, boat and trawlers were advised not to venture into the southeast Bay of Bengal and adjoining areas of Andaman Sea from Sunday onwards, and into southeast and adjoining central Bay of Bengal and Andaman Sea from Tuesday.
Also read: Circulation over southeast Bay of Bengal likely to intensify into Cyclone Mocha

Under the influence of the cyclonic circulation, the IMD said, a low-pressure area is likely to form over the region on Monday and it is likely to intensify into a depression over the southeast Bay of Bengal and adjoining south Andaman Sea around Tuesday.

"Thereafter, it is likely to intensify into a cyclonic storm while moving nearly northwards towards the central Bay of Bengal and adjoining north Andaman Sea," the IMD bulletin said.

"The details of its (possible cyclone) path and intensification will be provided after the formation of the low-pressure area. The system is under constant watch and being monitored regularly," IMD Director-General G Mrutunjay Mohapatra said.

The weather office also said that the sea condition is likely to be very rough from May 10 to May 12.

"Those who are over southeast Bay of Bengal and adjoining south Andaman Sea are advised to return to safer places and those over central Bay of Bengal and north Andaman Sea are advised to return before May 9," the IMD bulletin said.

It also suggested regulation of tourism and offshore activities and shipping near Andaman and Nicobar Islands from May 8 to 12.
Also read: Cyclone Mocha: No heatwave in India for next 5 days, heavy rainfall in Andaman

Under the influence of the system, the IMD said moderate rainfall is expected at most places between May 8 and 12 with scattered heavy to very heavy precipitation.

Squally weather with wind speed reaching 40-50 kmph gusting to 60 kmph is likely to prevail over the southeast Bay of Bengal, Andaman & Nicobar Islands and adjoining Andaman Sea on Monday.

Meanwhile, the Odisha government has put 18 coastal and adjoining districts on alert. Collectors of the districts concerned were told to remain watchful of the IMD’s forecasts.

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IAF's MiG-21 crashes near Hanumangarh in Rajasthan; three villagers killed, pilot safe

 

NEW DELHI: A MiG 21 fighter aircraft of the Indian Air Force (IAF) crashed on a house in Hanumangarh district of Rajasthan on Monday, leaving three women dead and as many others injured on the ground. The pilot ejected from the plane and is undergoing treatment at the Suratgarh military hospital.
"Three women have died in the incident and three others are injured," IG, Bikaner range, Om Prakash said.
In a statement, the IAF said the pilot of the aircraft sustained minor injuries.
Bikaner Inspector General of Police Om Prakash said two people have died and as many injured in the plane crash in Pilibanga area of Hanumangarh district. The pilot made all efforts to avert human casualties and crash-landed the plane on the outskirts of a village, Prakash said. He said over 2,000 people have gathered at the crash spot and police and administration are trying to maintain law and order.

The IAF said, "A MiG-21 aircraft of the IAF crashed near Suratgarh during a routine training sortie today morning".
"The pilot ejected safely, sustaining minor injuries. An inquiry has been constituted to ascertain the cause of the accident," it said.

Further details awaited.
PAST CRASHES
Earlier in January, one pilot lost his life after two Indian Air Force fighter jets - a Sukhoi Su-30 and a Mirage 2000 - crashed during a training exercise in Rajasthan's Bharatpur.
While one aircraft crashed in Morena in Madhya Pradesh, the other crashed and landed in Rajasthan's Bharatpur.
Earlier last week an Indian Army chopper crashed in Jammu and Kashmir's Kishtwar district.
Another accident happened in Kochi in April when a Coast Guard helicopter during trials made a crash landing. This March in Mumbai a Navy chopper had "ditched" after performing VVIP duties.
In October last year, two incidents of army chopper crash were reported in Arunachal Pradesh. In October 5, 2022, a Cheetah helicopter crashed near the Tawang area of Arunachal Pradesh leading to the death of one Indian Army pilot.
(with inputs from agencies)

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Parineeti Chopra And Raghav Chadha Spotted Together Again As Paparazzi Ask "Shaadi Kab Hogi?"

 

Parineeti Chopra and Raghav Chadha make an appearance again.

New Delhi:

Another day, another sighting of the rumoured couple Parineeti Chopra and AAP leader Raghav Chadha. The Bollywood actress was clicked on Sunday evening as she stepped out with her rumoured boyfriend Raghav Chadha for a date night at a restaurant in Mumbai's Bandra. Also accompanying the rumoured couple was Parineeti's younger brother Shivang Chopra. As the couple headed towards their car, questions were directed at them by the paparazzi regarding their marriage date. The duo however reserved their silence, smiled and walked on while the shutterbugs persistently chanted,"Shaadi Kab hogi (When is the marriage)."

Here are some pictures from last night:

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This comes a few days after a report from India Today stated that the couple will reportedly get married in October this year. A source close to the couple told IndiaToday.in, "Parineeti and Raghav's roka is done. It was a family affair and they both are very happy. The duo is likely to get married by October-end of this year. Parineeti and Raghav are in no rush and they both have work commitments that they need to take care of before getting into the wedding festivities."

The Kill Dil star and the leader have not confirmed their relationship yet. However, they are frequently spotted together. Talks about their alleged relationship became the talk of the town after they made an appearance together at a restaurant a few months back.
Also Read

The duo was also outed by MP Sanjeev Arora, who tweeted about them following their pictures together. MP Sanjeev Arora congratulated the "union" and blessed both of them. "I extend my heartfelt congratulations to @raghav_chadha and @ParineetiChopra. May their union be blessed with an abundance of love, joy, and companionship. My best wishes," Mr Arora said in his tweet.

Take a look at the tweet here:

    I extend my heartfelt congratulations to @raghav_chadha and @ParineetiChopra. May their union be blessed with an abundance of love, joy, and companionship. My best wishes!!! pic.twitter.com/3fSWVT4evR
    — Sanjeev Arora (@MP_SanjeevArora) March 28, 2023

Parineeti Chopra made her debut with the movie Ladies Vs Ricky Bahl in 2011. Parineeti Chopra was last seen in Uunchai alongside Amitabh Bachchan, Anupam Kher, Boman Irani, Danny Denzongpa, Neena Gupta, and Sarika. She will be seen next in Chamkila and Capsule Gill.

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