Q. Which Indian company has received claims worth INR 240 billion rupees (USD 2.9 billion) from creditors?
Answer:
Go Airlines
Notes: Go Airlines (India) Ltd has received claims worth INR 240 billion rupees (USD 2.9 billion) from creditors.
The process is in line with procedural requirements under Indian law which allow every creditor a right to payment and remedy by submitting claims if a company is under bankruptcy. Go Airlines, which operated the Go First carrier, filed for bankruptcy protection in May.