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Amtek Auto update on Corporate Insolvency Resolution Process

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UK based Liberty House Group identified as the preferential bidder

Amtek Auto announced that the Resolution Professional invited prospective resolution applicants to submit resolution plan for AAL. The resolution plans received from Liberty House Group and Deccan Value were discussed in the meeting of Committee of Creditors ('CoC') of AAL held on 06 March 2018. The resolution plan submitted by Liberty House Group based in United Kingdom has been identified as the preferential bidder of AAL

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First Published: Mar 09 2018 | 12:15 PM IST

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