Go First Airlines Appoints Shailendra Ajmera As Resolution Professional, Seeks Interim Funding Approval

Go First Airline has recruited Shailendra Ajmera, a Partner in Transaction Advisory Services at Ernst & Young (EY), as the company's crisis resolution professional.

According to CNBC, Ajemra is a Partner at Transaction Advisory Services, and the lenders will seek NCLT approval to name him the RP for Go First.

When the insolvency petition was admitted, the NCLT named Abhilash Lal as Go First's IRP.

The cash-strapped airline has requested Rs 200 crore in interim funding to resume operations, which is currently being discussed. However, an interim decision must be made.