The NCLT (National Company Law Tribunal) on Wednesday admitted Go First’s plea for voluntary insolvency and for initiation of CIRP (Corporate Insolvency Resolution Process) proceedings. The NCLT has granted Go First protection under a moratorium from recovery by lessors, and lenders. A two-member bench comprising President Justice Ramalingam Sudhakar and L N Gupta also appointed Abhliash Lal as interim resolution professional (IRP) to run the debt-ridden company. Meanwhile, the airline has extended the flight cancellations till May 19.