DAE (SY 22) 13 Ireland Designated Activity Company filed a contempt petition against Go Airlines (India) Ltd. The court issued a notice on 07.03.2024 to Go Airlines' Resolution Professional (RP) to show cause why contempt proceedings should not be initiated. The RP filed an affidavit in reply. Go Airlines was unable to resume commercial operations after July 2023, leading to a cash flow crisis. The petitioner, DAE, submitted that it no longer wished to pursue the contempt proceedings due to a judgment dated 26th April 2024 and the deregistration of its two aircraft. The affidavit filed by the petitioner was not on record but a hard copy was handed over to the court.

DAE (SY 22) 13 Ireland Designated Activity Company filed a contempt petition against Go Airlines (India) Ltd. The court issued a notice on 07.03.2024 to Go Airlines' Resolution Professional (RP) to show cause why contempt proceedings should not be initiated. The RP filed an affidavit in reply. Go Airlines was unable to resume commercial operations after July 2023, leading to a cash flow crisis. The petitioner, DAE, submitted that it no longer wished to pursue the contempt proceedings due to a judgment dated 26th April 2024 and the deregistration of its two aircraft. The affidavit filed by the petitioner was not on record but a hard copy was handed over to the court.