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Amtek Auto update on Corporate Insolvency Resolution Process

Capital Market 

UK based Group identified as the preferential bidder

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

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, March 09 2018. 12:15 IST
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